Funny how we have amateur traders/investors on this tread !
Some Education for some....
1 - Reports are created 10 days before they are releases, and 99% of time, the news always leaks out, and the big traders either exit/enter/stay on the side lines - so we see that the price did not really move ($5.90 - $6.40) - so indicated that even with the "Leaked News" the savvy investors thought the bad news has been factored in, and rather stay on the fence/top up, and knowing that the channels will improve within 6 months+.
2 - We have seen with Qantas, that bad news does not matter, all that matters is the optimistic future, and what that will bring to the companies bottom line.
Ann: Annual Report FY21, page-56
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Last
$6.42 |
Change
-0.030(0.47%) |
Mkt cap ! $4.648B | |||
| Open | High | Low | Value | Volume |
| $6.50 | $6.52 | $6.41 | $5.011M | 777.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6632 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.44 | 300 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| A2M (ASX) Chart |