Everything is lining up nicely for a rally in SP once the HY report comes out. There was nothing in the last announcement to justify panic selling to 17 cents. It's obvious that people have become fixated on the falling SP and assumed the company itself must be doing that badly.
In the meantime, we may even have a good week in the leadup to the HY report as people begin to think more rationally about the HY results. Right now, market depth is skewed heavily to the BUY side...
Everything is lining up nicely for a rally in SP once the HY...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $335.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $676.8K | 2.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 325773 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 459998 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |