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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This is a very strange conclusion...Management had already...
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Last
$1.64 |
Change
-0.070(4.11%) |
Mkt cap ! $1.813B |
Open | High | Low | Value | Volume |
$1.71 | $1.71 | $1.63 | $5.344M | 3.248M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7730 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 33588 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7730 | 1.625 |
8 | 88859 | 1.620 |
5 | 37443 | 1.615 |
4 | 28844 | 1.610 |
3 | 41186 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.645 | 33588 | 4 |
1.650 | 45190 | 5 |
1.655 | 43813 | 2 |
1.660 | 5748 | 2 |
1.665 | 53669 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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JDO (ASX) Chart |