I have trouble understanding the sell down, unless there is a negative surprise with the results, but a profit warning should have been issued by now.
The presentation nothing new the increase in scope already mentioned awhile. In general the company metrics are reasonable. The only issue i see its the equity issue from Quantum Deal , Shares on issue have all most doubled and the goodwill is high resulting in a poor return on equity and the book value being higher than the share price.
So this overhang maybe causing the high level of maybe tax loss selling, unless there is a left field out there.
Good luck, its at least 2 year wait for the results to show the growth trend in Asia.
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I have trouble understanding the sell down, unless there is a...
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41.0¢ |
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Mkt cap ! $678.6M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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3 | 95500 | 0.395 |
1 | 7692 | 0.390 |
1 | 1316 | 0.380 |
1 | 2512 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 841652 | 6 |
0.420 | 353716 | 7 |
0.425 | 172272 | 4 |
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