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.
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Always expected market to react negatively to the result, but...
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$5.81 |
Change
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Open | High | Low | Value | Volume |
$5.80 | $5.86 | $5.76 | $18.45M | 3.176M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6914 | $5.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.81 | 55839 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31062 | 5.770 |
16 | 42212 | 5.760 |
28 | 89079 | 5.750 |
2 | 5050 | 5.740 |
6 | 11542 | 5.730 |
Price($) | Vol. | No. |
---|---|---|
5.810 | 14830 | 4 |
5.820 | 408212 | 2 |
5.830 | 19317 | 4 |
5.840 | 43144 | 10 |
5.850 | 34268 | 9 |
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