In my opinion......
Patience... patience....
No need to buy just yet, market hated the result and is really punishing the stock.
Given the market was ramping the share price into the results announcement (share price increased from $3.50-$4.00) on anticipation of a good announcement, only for the results announcement to be a miss, and FY25 forecast a miss, market will punish ING.
Ann: ING FY2024 Full Year Financial Results Announcement, page-22
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Last
$3.09 |
Change
-0.780(20.2%) |
Mkt cap ! $1.148B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.51 | $3.05 | $61.32M | 19.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1618 | $3.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 36959 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ING (ASX) Chart |