It tested $23 twice today and bounced off both times. A bit surprising but good to know IMO.
my 2 cents for the flat day.
- bad wall St lead may have cost it 2-3% today but more specifically the earnings seems inline with consensus and looking ahead their trading update with total sales up 24% in first 7 weeks of year it's likely they will meet consensus for the full year you would say
ive also seen in the past in other stocks where the real buying occurs on day 2 and/or 3 when reporting has been properly digested by the analysts as opposed to the dumping on bad results which happens rather quickly!
i think the key is a lot of growth upside on the table and while putting in these 'A' results each half year less downside risk of getting burnt on results as happens so often with some other stocks who fail to deliver.
It tested $23 twice today and bounced off both times. A bit...
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Last
$32.87 |
Change
-0.140(0.42%) |
Mkt cap ! $3.605B | |||
| Open | High | Low | Value | Volume |
| $33.20 | $33.50 | $32.87 | $7.753M | 234.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 293 | $32.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.12 | 40 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LOV (ASX) Chart |