The theory that one should read HC, gauge the sentiment, and do the opposite holds true once again.
To be fair I wasn't completely sure what the announcement meant initially. Upgrade or downgrade? If you are not a long time follower of a stock it's hard to just come in and read one announcement and work out what is going on, especially when you are trying to form a view before the stock resumes.
Anyway, good move today and on big volume too. There was a big seller around all day so hopefully not much selling left. Let's see if it can push up to $1.25 level going into the result.
Ann: Superloop Completes Network Builds and Updates FY20 Guidance, page-10
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Last
$1.60 |
Change
-0.035(2.15%) |
Mkt cap ! $799.2M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.67 | $1.59 | $1.429M | 881.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7071 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 5726 | 1 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| SLC (ASX) Chart |