I wouldn't listen to that guy he's a complete muppet. His opinion means nothing.
As for the announcement I don't expect a forecast per se, but I'll want the wording to indicate improvements in business conditions. Obviously inventory levels will be interesting to see as well. According to their last update they expect this unwind to potentially drag into Q1 of FY22, so hopefully this still holds true or better. Also the brand stats following a bigger marketing campaign in May/June + pricing levels in all channels.
I think the full strategy update is earmarked for the investor day (in October?) but they could give an indication of whether they're going to pursue a buyback.
I personally believe the current share price isn't factoring any upside. So I reckon it could bounce unless business conditions are worse than in May.
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$5.64 |
Change
0.040(0.71%) |
Mkt cap ! $4.083B |
Open | High | Low | Value | Volume |
$5.58 | $5.67 | $5.56 | $6.009M | 1.068M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | $5.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.65 | 7091 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5399 | 5.630 |
6 | 17273 | 5.610 |
4 | 33072 | 5.600 |
4 | 20359 | 5.590 |
2 | 7656 | 5.580 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 7091 | 2 |
5.670 | 9037 | 3 |
5.680 | 9833 | 4 |
5.690 | 6747 | 2 |
5.700 | 8222 | 4 |
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