Down 30% in a few weeks purely on retail spending slowdown fears from April. Seems like an overreaction and a buying opportunity in my view.
An ugly duckling-type setup here. Can't imagine that Northern Hemisphere buyers are going to stop buying Cheap Jewelry in their holiday and summer periods.
Whatever the next reporting result, it's currently only fully priced to the downside here, so the only real question should be whether you think a deeper recession is coming.
Down 30% in a few weeks purely on retail spending slowdown fears...
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Last
$33.60 |
Change
-0.090(0.27%) |
Mkt cap ! $3.685B | |||
| Open | High | Low | Value | Volume |
| $34.00 | $34.24 | $32.98 | $6.857M | 205.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 449 | $33.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.61 | 1242 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| LOV (ASX) Chart |