That hardly matters. Short term, shorts are better off touting the bad sentiment than the fundamentals. It has more of an immediate impact on the SP.
I'm not here for a quick buck. Just stating the probabilistic Dead Cat bounce to those who bought in guns blazing on the substantial drop on HY ANN.
It is awfully close to my buy range. Around $5.80 and I'm satisfied it has enough fat for the vicissitudes of a 3 year investment timeframe. I'm not one to buy when its all blue skies ahead. I buy when everyone is selling. In fact there are plenty of dark clouds on this that 10% below $5.80 may be the way to go
Ann: Iress 2023HY Investor Pack, page-14
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Last
$9.68 |
Change
-0.080(0.82%) |
Mkt cap ! $1.808B | |||
| Open | High | Low | Value | Volume |
| $9.84 | $9.92 | $9.62 | $8.882M | 916.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1702 | $9.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.71 | 1790 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IRE (ASX) Chart |