Let's put things in perspective a little, looking back at A2M verses the ASX 200 over the past 6 months:
To me it is only natural that some would take profits around this point, because there is simply uncertainty about the earnings (or more probably the outlook) and the SP has run pretty hard up to now. It is not 'good' or 'bad', earnings have not leaked, they are just unknown. It is simply people like those posting above who have a very low risk tolerance peeling off and choosing to wait and see. Also, bear in mind it usually takes about a few weeks post-results for the SP to settle in a way that actually reflects the results (good or bad). All IMO.
Chart Update, page-23597
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Last
$6.88 |
Change
0.060(0.88%) |
Mkt cap ! $4.973B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.93 | $6.83 | $8.512M | 1.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1471 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 770 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |