Gixxer, that's my interpretation, too. It will take clifford time to get the jlr system prepared, so ifm has its a renewal til end of 2017. Not sure that this is priced in, though. And short sellers grab at whatever straws of news they can to justify pummeling a stock. The massive sell volume (perpetual?) suggests rumours of something, butthe lack of announcement (so far) also has meaning.
JLR Microcat renewal, page-13
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Last
$1.76 |
Change
-0.005(0.28%) |
Mkt cap ! $659.5M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.77 | $1.75 | $204.2K | 116.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4141 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 3709 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IFM (ASX) Chart |