See the drop today in Ashley Services (a similar business) it is down 30% on a contract loss.
Labour hire firms don't tend to do to well going into a recession.
That being said, there is a chance to buy the dip here, just depends how low it goes and how deep the recession is.
See the drop today in Ashley Services (a similar business) it is...
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Last
90.0¢ |
Change
0.005(0.56%) |
Mkt cap ! $94.01M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 92.5¢ | 89.0¢ | $116.3K | 129.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 22489 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 29604 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
92.0¢ |
Change
0.005 ( 2.79 %) |
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| Open | High | Low | Volume | ||
| 90.0¢ | 92.0¢ | 89.0¢ | 16492 | ||
| Last updated 15.50pm 07/05/2024 ? | |||||
| PPE (ASX) Chart |