very poor earnings miss vs market expectations, at least a 10% earnings miss.
Market is not happy, this stock is going into the sin bind for several months at least.
Watching on the sidelines, but given the earnings miss there is a high probability of CGF shares dropping further.
No need to take a position yet, especially as FY24 guidance is disappointing as well.
I am staying on the sidelines and waiting for the share price to decline futher
very poor earnings miss vs market expectations, at least a 10%...
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Last
$6.72 |
Change
0.070(1.05%) |
Mkt cap ! $4.646B | |||
| Open | High | Low | Value | Volume |
| $6.66 | $6.74 | $6.56 | $8.183M | 1.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2269 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.72 | 13624 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| CGF (ASX) Chart |