Thanks for pointing this out baraka but this is old news and I consider this goodwill mainly an accounting entry which I would place no value on anyway.
The way I see the dots joining are: very aggressive selling at low prices on no significant news = insider trading or forced selling. Given the past size of suspicious price movements before previous announcements (eg 20/5/2013 trading update and 2014HY results) and how predictive they were I would say the 2014 FY results are going to be an absolute shocker even allowing for the current bad macro conditions. I wouldn't be surprised to see a $1.50 price or even lower on panicked selling when the true state of affairs are publicly known. I guess we will find out soon enough.
Thanks for pointing this out baraka but this is old news and I...
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Last
$1.47 |
Change
-0.020(1.35%) |
Mkt cap ! $137.9M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.50 | $1.47 | $30.73K | 20.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 1775 | 1 |
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| Last trade - 15.34pm 09/07/2024 (20 minute delay) ? |
| FWD (ASX) Chart |