ABB 2.12% $3.69 aussie broadband limited

It would be extremely disappointing if this gets back to 3.10 -...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 851 Posts.
    lightbulb Created with Sketch. 251
    It would be extremely disappointing if this gets back to 3.10 - 3.15

    It may be disappointing, but I'd prepare for that if I was you. Their performance across the last several years has always been promising with careful steady progress at all stages.
    They got themselves in a bit of a mess, with the build-up of ownership in Super Loop and the failure to be able to see that through and it was followed by the loss of the Origin contract. It's the first steps backward that they've made since listing so it's not too bad.
    The loss of the Origin revenue and the startup costs associated with the introduction of the new "Buddy" project means that the 2025 result is not likely to look, on the surface anyway, to be any better than the 2024 result.
    I'm comfortable with that and prepared for it but a lot of people won't be and that could easily see the price fall to $3.00 at some stage during the year.
    Impatience can have quite an effect on share prices.
 
watchlist Created with Sketch. Add ABB (ASX) to my watchlist
(20min delay)
Last
$3.69
Change
-0.080(2.12%)
Mkt cap ! $1.091B
Open High Low Value Volume
$3.74 $3.76 $3.65 $792.5K 214.9K

Buyers (Bids)

No. Vol. Price($)
2 2045 $3.69
 

Sellers (Offers)

Price($) Vol. No.
$3.71 2485 2
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
ABB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.