I suspect the market was uncertain, prior to today, as to whether Mota may have resigned as things were not on track. But it seems he has left a clean slate, if the guidance and comments are to be believed.
The SP was about $2.37 at that time, the market has had a decent rally from then - about 10%, net flows in Q4 were good in platforms, guidance has been improved today, and cost outs are on track. So maybe $2.80 on that logic?
I suspect the market was uncertain, prior to today, as to...
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Last
$3.36 |
Change
0.040(1.20%) |
Mkt cap ! $2.253B | |||
| Open | High | Low | Value | Volume |
| $3.30 | $3.41 | $3.30 | $14.97M | 4.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5301 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |