Can totally understand
Hertz had filed Chapter 11 on Friday.
However Hertz had a flawed operational model anyway and financials were really bad even before the pandemic (liabilities == assets)
Nevertheless I feel for the ones that mistakenly bought the dip on the day of the announcement.
And the futures market point to a 60 point rise???
smh.com.au/business/companies/asx-tipped-to-open-strong-continuing-market-rally-20200524-p54vxe.html
It's funny how the market ignores all the negativity.
Just goes to show we need to be extra careful picking stocks with strong balance sheets that can come out of the other side of the storm and not just trade by signals
Fundamentals haven't changed, page-886
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Last
$14.36 |
Change
-0.090(0.62%) |
Mkt cap ! $16.50B | |||
| Open | High | Low | Value | Volume |
| $14.48 | $14.64 | $14.36 | $40.37M | 2.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 30903 | $14.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.38 | 375 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$14.42 |
Change
-0.090 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $14.52 | $14.62 | $14.39 | 313034 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| NST (ASX) Chart |