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.
Ann: Form 8K - 2Q24 Results, page-3
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$14.36 |
Change
-0.080(0.55%) |
Mkt cap ! $8.593B | |||
| Open | High | Low | Value | Volume |
| $14.38 | $14.42 | $14.34 | $13.98M | 972.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16212 | $14.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.37 | 784 | 1 |
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