That may be the case, but they have just extended the recovery outlook to q4 with the q3 outlook looking poor IMO based on a short term view. You might still get a lower cost entry.
They are cutting costs in an inflation effected market with personnel costs rising. Risk of Chainsaw Dunlap type effects - even if they have been successful in the past.
I shorted on the rally for the day, or whatever - I think it was bought because the CEO said it was an OK result. See what happens.
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Last
$13.86 |
Change
-0.070(0.50%) |
Mkt cap ! $8.711B | |||
| Open | High | Low | Value | Volume |
| $13.96 | $13.96 | $13.86 | $29.47M | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9534 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.88 | 850 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AMC (ASX) Chart |