Agree that it is misleading. The 4 Corners story laid bare the convoluted business structure, non-disclosure of business interests, and lack of transparency. Retail shareholders never know what inside detail is provided to institutions. If true, it would not be a first. Share price falls of this magnitude happen for a reason. Interestingly, second largest shareholder Fisher Funds Management Limited, increased their shareholding (5.03% to 6.49%) around the time of results announcement. Director buying is also a positive:
Steadfast CEO Robert Kelly was scathing in his response to ACCC Chair Gina Cass-Gottlieb's commentary. Steadfast have released an announcement refuting all allegations, yet they remain in a trading halt? It will be interesting to see what eventuates when halt is lifted. Indicative share price -10.91%.
The silence from JLG management is deafening.
Ann: Response to ASX Aware Query, page-19
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Last
$4.29 |
Change
0.010(0.23%) |
Mkt cap ! $1.206B | |||
| Open | High | Low | Value | Volume |
| $4.32 | $4.32 | $4.23 | $2.568M | 600.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29618 | $4.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.30 | 15113 | 3 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| JLG (ASX) Chart |