I think the market is taking more of an issue with the earnings update. There was an earnings downgrade.
And the AMC outlook was less than inspiring.
" the combination of challenges hitting the industry and Amcor within one 12-month period is certainly unique and possibly unprecedented. As a result, we have a modestly lower outlook for FY18 than we had in February"
News: AMC UPDATE 1-Australia's Amcor in talks to buy U.S. packaging company Bemis - WSJ, page-20
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Last
$16.34 |
Change
0.140(0.86%) |
Mkt cap ! $9.945B | |||
| Open | High | Low | Value | Volume |
| $16.41 | $16.48 | $16.34 | $12.52M | 764.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5453 | $16.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.35 | 815 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| AMC (ASX) Chart |