Result is profitable; but with div reduction, and general downturn forecast today I see plenty of sellers lining up to take a profit and push this back to the 1.20-30's.
Will take a big juicy RH bolt on (or something similar) to see this rise further north.
Its a good company but they obviously have an issue in declaring a 50% dividend reduction.
Market will punish them for that.
results are out, page-6
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Last
$3.50 |
Change
-0.130(3.58%) |
Mkt cap ! $1.600B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.64 | $3.50 | $2.412M | 683.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43381 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 1328 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NWH (ASX) Chart |