Always expected market to react negatively to the result, but cannot see a reason why. There was never going to be a special div in this result. The lower bad debt charge was a small increment to NPAT. Loan growth was OK, and margin was up slightly. So why has the share price tanked? It's now down 20% + in only a few weeks and looks set to go well below $10 ex div.
Always expected market to react negatively to the result, but...
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Last
$5.84 |
Change
0.010(0.17%) |
Mkt cap ! $3.862B | |||
| Open | High | Low | Value | Volume |
| $5.83 | $5.86 | $5.81 | $9.010M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9384 | $5.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.84 | 114044 | 7 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |