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.
That may be the case, but they have just extended the recovery...
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Last
$15.60 |
Change
-0.410(2.56%) |
Mkt cap ! $9.502B | |||
| Open | High | Low | Value | Volume |
| $15.66 | $15.66 | $15.47 | $32.29M | 2.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $15.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.60 | 3453 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| AMC (ASX) Chart |