If they lost this contract, I think you would have to re-examine the reasons for holding.
Not at all; this company has missed out on many contracts over its history and that has not stopped it from being a prolific wealth generator for its shareholders.
"I don't think the market will be "surprised" by this news for very long."
I have long ago learnt that trying to second-guess what others may or may not do is a bit of a waste of time, because it is so hard to do so accurately on any remotely sustainable basis. Hence, I tend to focus on valuation and I'll leave the second guessing of market behaviour on any given day/week/month/year to others, such as yourself.
If they lost this contract, I think you would have to re-examine...
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Last
$8.47 |
Change
-0.030(0.35%) |
Mkt cap ! $1.310B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.58 | $8.41 | $3.352M | 395.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1136 | $8.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.52 | 11305 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| DTL (ASX) Chart |