It would appear that you were correct. Market likes it, bad news...

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    It would appear that you were correct. Market likes it, bad news was already caked into the price.
 
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(20min delay)
Last
$19.90
Change
0.520(2.68%)
Mkt cap ! $3.613B
Open High Low Value Volume
$19.30 $19.93 $19.13 $8.526M 433.9K

Buyers (Bids)

No. Vol. Price($)
1 27 $19.90
 

Sellers (Offers)

Price($) Vol. No.
$19.93 585 1
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
CDA (ASX) Chart
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