They often sell down on great results to cause panic and try to scoop up shares cheap and cover shorts, before letting it bounce higher as it should have originally. I often find results day share moves are the opposite signal to what I should be doing.
I'm very happy to get back into JB at a discount on such great results. They just keep improving and even if we have troubled times ahead, they will just take more market share.
Ann: Results Presentation - 2023 Half Year Results, page-4
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Last
$80.59 |
Change
-1.410(1.72%) |
Mkt cap ! $8.811B | |||
| Open | High | Low | Value | Volume |
| $81.09 | $81.71 | $80.10 | $31.55M | 391.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 275 | $80.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $80.67 | 671 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| JBH (ASX) Chart |