Whether they could have prevented it or not is frankly irrelevant. The reality is they can't deliver the cars.
Take a look at the consumer facing stocks, Target, Walmart, amazon. All getting smashed. Costs are going up, it's hard to provide the product. This like it or not has an impact on profitability and margins.
There is no guarantees these supply chain issue will be resolved in the short or medium term. APE deserved to be sold off, and will likely get slammed today with every other consumer facing stock.
Whether they could have prevented it or not is frankly...
Add APE (ASX) to my watchlist
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Last
$10.52 |
Change
-0.090(0.85%) |
Mkt cap ! $2.721B | |||
| Open | High | Low | Value | Volume |
| $10.64 | $10.73 | $10.46 | $10.11M | 956.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5391 | $10.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.54 | 2031 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$10.53 |
Change
-0.090 ( 0.73 %) |
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| Open | High | Low | Volume | ||
| $10.64 | $10.72 | $10.45 | 79283 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| APE (ASX) Chart |