It's not about what you or I believe really. The only ones who will move the stock are the big hedge funds and investment banks. Having experience with their kind, I can tell you they already have pages of expectations and fundamental analysis ready, and have already mapped out stringent investor expectations at this point already before the report date.
This is expected for a company close to $1B in market capitalization. So as soon as the data falls below their expected guidelines (mid-range guidance), you will see a sell-off. This happens all the time on reporting dates.
It's not about what you or I believe really. The only ones who...
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Last
$4.76 |
Change
0.010(0.21%) |
Mkt cap ! $1.563B | |||
| Open | High | Low | Value | Volume |
| $4.75 | $4.92 | $4.73 | $56.38M | 11.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5921 | $4.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.79 | 93255 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NXL (ASX) Chart |