Size of write downs will depend upon how much the situation has improved in 2H.
They did signal at the time of update that things are getting better.
So we will have to wait.
Market does not think that things have improved on that front.
Hence fall below 60 and trying to hold 50.
Markets can get it wrong short term lot of times.
We will know the truth only when it is announced.
Ann: Mayne Pharma market update, page-227
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$3.81 |
Change
-0.220(5.46%) |
Mkt cap ! $330.9M | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.00 | $3.78 | $788.1K | 203.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 296 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 1509 | 10 |
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