market is having a bi-polar reaction to this announcement.. they don't know how to interpret it.. first it jumped on 'good news' then the herd started running thinking the good news was not good enough.. but Bell Potter platform shows more buyers than sellers and for a greater volume so should stabilize by end of day.
my reading of the report is it's good news; not burning cash and management is not standing still, lots in the pipeline.
market is having a bi-polar reaction to this announcement.. they...
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Last
70.5¢ |
Change
-0.030(4.08%) |
Mkt cap ! $289.7M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 70.0¢ | $172.2K | 241.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 18450 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.0¢ | 21213 | 6 |
View Market Depth
| Last trade - 14.55pm 19/07/2024 (20 minute delay) ? |
| PLY (ASX) Chart |