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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AMC
amcor plc
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1.35%
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$14.57

Ann: Form 8K - 2Q24 Results, page-3
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Last
$14.57 |
Change
-0.200(1.35%) |
Mkt cap ! $9.352B |
Open | High | Low | Value | Volume |
$14.66 | $14.67 | $14.51 | $28.45M | 1.955M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 954 | $14.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.58 | 182 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 637 | 14.560 |
2 | 2028 | 14.520 |
1 | 400 | 14.510 |
26 | 25163 | 14.500 |
1 | 621 | 14.490 |
Price($) | Vol. | No. |
---|---|---|
14.580 | 182 | 1 |
14.590 | 1581 | 2 |
14.610 | 3948 | 2 |
14.620 | 300 | 1 |
14.670 | 400 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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AMC (ASX) Chart |