Agree - with comment that "the market was pricing in a much better forecast".
However that market pricing appraisal was based on the previous recent comments by management:
31 Jan 2024 - "forecast to exceed 30,000 MT"
23 April 2024, "28,500 MT to 30,000 MT".
my estimate - Likely around 28,000 MT but not exceeding 28,400 MT
31 Jan 2024 - "net sell price currently above $7.50 kg, and may increase further based on market demand"
23 April 2024, "$7.30 kg - $7,40 kg".
my estimate - Likely $7.00 kg - $7 10 kg
Select Harvet will always over promise and under deliver.
And the market knows that.
I will buy more at $3,00.
Ann: 2024 Business Update, page-5
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Last
$3.98 |
Change
-0.120(2.93%) |
Mkt cap ! $481.8M | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.10 | $3.98 | $1.002M | 249.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1454 | $3.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 201 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SHV (ASX) Chart |