Lets assume that the news isn't that rosy.The shareprice has halved in last year, so how much pain is already baked into the depressed shareprice?
Surely unless the update is dire with a cr, then any reasonable level of reduced performance wont hurt and any sniff of improvement will see it rise.
Ann: Trading Halt-ASB.AX, page-39
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Last
$3.15 |
Change
-0.060(1.87%) |
Mkt cap ! $1.141B | |||
| Open | High | Low | Value | Volume |
| $3.22 | $3.22 | $3.15 | $2.789M | 878.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 824 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ASB (ASX) Chart |