Only from an academic point of view. I think it cannot be other than a negative result and also think it is pretty easy to get a good estimate on how negative cash flow will be for the quarter. As I've said before I don't think they will be able to claim they have reached nameplate so I'm not expecting any good news surprises. The academic bit I will be interested in is to see how the market reacts to the result. If it were an efficient market, all these things should be factored in but my guess is that some retail holders will push the panic button and therefore it may provide a buying opportunity. All IMO and DYOR.
Ann: Revised Shipping Strategy Yields Substantial Cost Reduction, page-176
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Last
32.0¢ |
Change
-0.015(4.48%) |
Mkt cap ! $70.37M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 31.0¢ | $172.0K | 531.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28327 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 32174 | 2 |
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| Last trade - 14.28pm 01/10/2024 (20 minute delay) ? |
| E25 (ASX) Chart |