re: reaffirmed earning to all negs. Firstly, 'cause someone bought up to 74c (not 75), doesn't make them fools. My interpretation of a fool is someone who calls others fools. (you know: as you think others are)
Secondly, I believe PPT must be short or running out of ammo. They had 18m when profit warning was issued and 30m have been traded since. I think yesterday was close to there last hurrah.
Thirdly, profit warning of short term 30% versus a 50% decline in price. Why such large drop? Because one profit warning is often followed by several others. A reaffirmation at this late stage of the half is positive to my way of thinking. I.E. No further warnings
reaffirmed earning should run to, page-6
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Last
$2.19 |
Change
0.000(0.00%) |
Mkt cap ! $503.8M | |||
| Open | High | Low | Value | Volume |
| $2.12 | $2.19 | $2.06 | $293.2K | 140.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3221 | $2.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 3210 | 1 |
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| Last trade - 14.56pm 06/08/2024 (20 minute delay) ? |
| VGL (ASX) Chart |