This does appear to be massive mis price. It’s almost certain that on the morning of the AGM on 21 Oct ADH will release a trading update. Recall that at the time of the FY22 results the board/CEO made a guidance statement that was quite positive. If there was any risk that that guidance was to be downgraded, the board would have had an obligation to have such a statement already, viz as soon as they became aware of such a downgrade. Confirmation of the existing guidance, or god forbid an upgrade, would in the present market environment be perceived positively.
DYOR
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- Ann: ADH FY2022 Results Presentation
Ann: ADH FY2022 Results Presentation, page-111
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Price($) | Vol. | No. |
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