The result is good [psm204]. There is an old market adage buy on rumour sell on fact.Also some tend to sell out of stocks once they lose blue sky appeal. An old broker friend of mine use to say once an explorer strikes it rich and then starts planning to mine its share price will become bogged down by good fundamentals !
The result was already anticipated by the market. The market is also down 1.3% so a bit of profit taking going on.
Dont be concerned about small short term price movements. Look at the bigger picture. Remember for every one of those 805,000 shares traded so far there has been a buyer & at prices a lot higher than 2 weeks ago.
sell off, page-5
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Last
$8.16 |
Change
-0.290(3.43%) |
Mkt cap ! $3.732B | |||
| Open | High | Low | Value | Volume |
| $8.29 | $8.42 | $8.13 | $33.10M | 4.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7311 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.19 | 9030 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SFR (ASX) Chart |