I even doubt if dumpers know how to read an announcement. Production-10% Realized Price+100% or even more in 2022. Anyone who understand simple math wouldn’t judge it as a bad announcement. Not to mention the cut of production was due to labor shortages which is a broad issue in the country.
Furthermore, with the official price confirmation of 1800+ we can more confidently work out the forward PE in the next year. All I could say is Macquarie’s up revised target price of 3.70 is not a surprise at all.
I even doubt if dumpers know how to read an announcement....
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Last
$2.99 |
Change
0.010(0.34%) |
Mkt cap ! $9.000B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $104.7M | 35.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11874 | $2.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.99 | 65336 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |