"They often sell down on great results to cause panic"
That may be part of it but another reason that I heard was that a good result is looked upon as "This is as good as it gets & the only way forward from here is DOWN" so it is sold down.
Whatever, I am happy to buy in for the longer term, pick up a decent ff div and even if retail is hit in the predicted recession later this year, I may buy more as recessions don't last forever.
Ann: Results Presentation - 2023 Half Year Results, page-5
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Last
$62.98 |
Change
-0.080(0.13%) |
Mkt cap ! $6.885B | |||
| Open | High | Low | Value | Volume |
| $63.13 | $63.59 | $62.71 | $12.36M | 195.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 595 | $62.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.98 | 1 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| JBH (ASX) Chart |