I get that the announcement was negative and indicated harsher conditions and a likely downgrade in revenue and earnings. However, there was still minor positives addressed to soften the moderate negativity. An 18% drop on a CEO not revealing any financial data is indicative of an inefficient market. When the demand and supply levels out the price must return to somewhere midway between the $12-15 mark in the short term.
APX Bottomed out at $12., page-18
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Last
$1.13 |
Change
0.045(4.17%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.13 | $1.03 | $4.734M | 4.362M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 23943 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 29282 | 4 |
View Market Depth
| Last trade - 11.59am 09/09/2024 (20 minute delay) ? |
| APX (ASX) Chart |