The reason it has jumped all over is the constant guidance misses. Guidance has been off 25-70% on earnings for going on six Q's in a row.
This Q the misses will be large on both EPS and revenue. Doesn't matter 25% to upside or 70% to downside, large misses indicate poor communication with the street and brings management's competence into question.
Street reaction to big misses on the downside are quite predictable.
The reason it has jumped all over is the constant guidance...
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Last
$2.65 |
Change
-0.020(0.75%) |
Mkt cap ! $159.5M | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.70 | $2.63 | $496.8K | 185.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8481 | $2.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 13000 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$2.66 |
Change
-0.020 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| $2.69 | $2.70 | $2.64 | 11993 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| AVH (ASX) Chart |