It's not that an MOU is inherently bad, it's just that people had their expectations set even higher so an MOU is a disappointment.
Happens all the time with earnings announcements on US stocks I follow. Company announces record profits and the SP falls because the market was expecting even better record profits, if you get what I mean.
It's not that an MOU is inherently bad, it's just that people...
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Last
58.0¢ |
Change
-0.040(6.45%) |
Mkt cap ! $229.7M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 63.0¢ | 58.0¢ | $304.7K | 507.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 66802 | 58.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.5¢ | 15021 | 8 |
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| Last trade - 12.24pm 26/06/2024 (20 minute delay) ? |
| TLG (ASX) Chart |