I think much of the issue relates to the announcement that the Board are reviewing its capital allocation policy essentially to reduce dividends and buy backs instead focusing on further debt reduction. Given this companies unfortunate history with poor debt management practices it is enough to give the markets pause.
Price movement, page-2
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Last
80.5¢ |
Change
0.005(0.63%) |
Mkt cap ! $417.2M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 82.0¢ | 79.5¢ | $252.3K | 314.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11998 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 21205 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| EHL (ASX) Chart |