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
This is a very strange conclusion...Management had already...
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Last
$1.38 |
Change
0.000(0.00%) |
Mkt cap ! $1.530B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 198 | $1.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 1862 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11145 | 1.420 |
2 | 361 | 1.400 |
3 | 7787 | 1.380 |
2 | 7785 | 1.375 |
2 | 8309 | 1.370 |
Price($) | Vol. | No. |
---|---|---|
1.340 | 62 | 1 |
1.355 | 71 | 1 |
1.380 | 655 | 1 |
1.385 | 4500 | 1 |
1.390 | 17995 | 4 |
Last trade - 09.58am 12/07/2024 (20 minute delay) ? |
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