Not sure why you would think that, sales are up which is even better when you consider store closures. Profit was expected to be lower due to costs involved in restructuring the business which is going along well.
Dividend returned.
These things had already been priced in with a bit more assuming bad news, as there was none the price is up.
This is a screaming sell, page-20
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Last
82.0¢ |
Change
-0.035(4.09%) |
Mkt cap ! $686.7M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.0¢ | 82.0¢ | $450.3K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 47000 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 1035 | 1 |
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| MYR (ASX) Chart |