The news that gross revenue will be 4 - 6% below expectations and that they cannot, at this stage, determine if the revenue trend will continue into FY16 spooked Mr market.
You will have to wait until 16 November for a further trading update. If it's not positive the sp will drop further.
Keep in mind that the whole market is skitterish at the moment.
Start Buying?, page-31
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $314.4M | |||
| Open | High | Low | Value | Volume |
| 29.8¢ | 29.8¢ | 29.5¢ | $181.8K | 611.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 478513 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 1223144 | 14 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |