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
$15.67 |
Change
-0.020(0.13%) |
Mkt cap ! $9.704B | |||
| Open | High | Low | Value | Volume |
| $15.65 | $15.75 | $15.61 | $25.49M | 1.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5340 | $15.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.68 | 6438 | 2 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
$15.70 |
Change
-0.020 ( 0.28 %) |
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| Open | High | Low | Volume | ||
| $15.67 | $15.75 | $15.66 | 217302 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| AMC (ASX) Chart |