If you take the economic conditions into account, the drop in share price is wholly expected. Lending is getting more expensive, which is going to suppress demand in the near-term, which will impact JDO's core business. Bank stocks are falling across the board at the moment, and JDO is no different. If you believe in the company and are taking a 5+ year view, these economic factors don't matter so much.
If you take the economic conditions into account, the drop in...
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Last
$1.33 |
Change
0.020(1.53%) |
Mkt cap ! $1.475B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.35 | $1.30 | $1.106M | 831.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1689 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 20296 | 1 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
$1.34 |
Change
0.020 ( 1.60 %) |
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| Open | High | Low | Volume | ||
| $1.32 | $1.35 | $1.31 | 147093 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| JDO (ASX) Chart |