"Every stk falls on ex-div but MND down 4x 30c atm. Vols not huge but big enough. The orderbook for 2H is modest and no news of a recent win in renewables. But SPdive is quite substantial. Overall i remain bearish but its such a sharp plunge i expect speeding tkt to be issued and will provide clarity."
Fast forward just a few weeks and MND is now up almost 6x its 30c interim dividend since your post, meaning that - from its price immediate cum-dividend date - it has recovered the dividend, plus being up a further 2x dividend, almost, since then.
Which just goes to demonstrate, once again, that trying discern investing cues from short-term share price movements is a totally futile exercise.
Ann: Contracts Update, page-151
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Last
$12.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.274B | |||
| Open | High | Low | Value | Volume |
| $12.90 | $13.00 | $12.50 | $983.4K | 76.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | $12.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.98 | 650 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MND (ASX) Chart |