reckon the prop. traders love these downgrades - gives them volatility and mug punter buying hoping to hit the lows.
yesterdays 5% drop on large volume would seem to indicate that todays dowgrade by QAN management is "old news".
SSB have downgraded 2003 NPAT forecast by 15% and 2004 by 19%
given QAN is now down 16% in 2 days I am gonna stick my toe in the water for a few at these levels.
ssb calling qan down to $2.80, page-4
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Last
$6.97 |
Change
-0.010(0.14%) |
Mkt cap ! $10.89B | |||
| Open | High | Low | Value | Volume |
| $7.02 | $7.02 | $6.94 | $52.91M | 7.587M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 453 | $6.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.98 | 4777 | 6 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |