This is a very strange conclusion...
Management had already forecasted that operating costs in FY2024 would grow at approximately half the amount of the growth in FY2023. In FY2023 operating expenses grew from $132m to $191m (i.e. $59 million). So, Judo were forecasted that operating costs would increase to $220m (i.e. $30 million above FY2023). Their operating costs of $106 million for the 1st half are just less than 50% of the $220 million which is what you would expect. So, in fact, their costs are in line with their forecast (yet again).
Also, their impairments and write-offs were better than expected.
Very strange analysis from Citi.
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- Citibank Cuts JDO to Sell
Citibank Cuts JDO to Sell, page-16
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Last
$1.28 |
Change
0.010(0.79%) |
Mkt cap ! $1.414B |
Open | High | Low | Value | Volume |
$1.29 | $1.31 | $1.28 | $3.833M | 2.985M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 97175 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.28 | 2450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 97175 | 1.275 |
4 | 69196 | 1.270 |
5 | 37194 | 1.265 |
4 | 57565 | 1.260 |
2 | 60716 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.280 | 2450 | 1 |
1.285 | 2450 | 1 |
1.290 | 2450 | 1 |
1.295 | 2550 | 2 |
1.300 | 23220 | 3 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.29 |
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Change
0.010 ( 1.45 %) |
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Open | High | Low | Volume | ||
$1.30 | $1.31 | $1.28 | 326808 | ||
Last updated 15.59pm 31/05/2024 ? |
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