From my experience, if a company issued a profit warning, and the sp slumped, when the company announce the similar thing in their quarter report later , the sp will rise.
The confirmation from the company is a signal to trader that the bottom is confirmed , therefore more buying. People who sold after profit warning may jump back as no more bad news seem to bring the price down more.
From my experience, if a company issued a profit warning, and...
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Last
28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $603.3M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.8¢ | 27.5¢ | $649.7K | 2.310M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42543 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 194100 | 4 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |