My (complete guess) is previous guidance so far off they felt obliged to update market.
I have spent the last 12 months scratching my head at crazy valuations whilst every man and his dog seems to be calling the market expensive. Anyone who believes in an efficient market needs only to read NTDs announcements from May 2020 and the price action...
This still seems crazily priced given the known information...
Ann: Trading Update for the Financial Year ended 30 June 2021, page-16
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Last
38.5¢ |
Change
-0.005(1.28%) |
Mkt cap ! $51.65M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 38.5¢ | 38.0¢ | $119.8K | 314.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4853 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 118589 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NTD (ASX) Chart |