"Is it bad that despite having a position already... I'm hoping it drops more so I can accumulate more at a better price?"
I'm not sure how bad it is.
It's a very complex set of financial accounts, one that normally takes me a few hours to before I can get a feel for its underlying quality (or lack of quality, as the case might be).
So while I shares in this business, not necessarily for the FY2018 EPS figure; rather, for what that figure might be in 2025 and beyond, it is not surprising that headline figures - which fell short of market expectation - have caused the market to shoot first, and to ask questions later.
What the stock price might do from this level in the coming days/weeks, I have zero idea.
"Is it bad that despite having a position already... I'm hoping...
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Last
$6.73 |
Change
0.100(1.51%) |
Mkt cap ! $4.651B | |||
| Open | High | Low | Value | Volume |
| $6.69 | $6.83 | $6.64 | $5.426M | 803.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4064 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 100 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| CGF (ASX) Chart |