There has been a good response to the results, better than is justified by numbers alone.
I suspect the SP increase is mostly driven by sentiment right now, people just believe Penn when he says the turnaround is any-minute-now !!!
Its not being driven by fundamentals, and its not in a consolidation phase, the SP being driven by sentiment means that charts are the best predictor of SP movements right now.
Changing sentiment to hold (from sell), i think the pattern could be good a few weeks.
There has been a good response to the results, better than is...
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Last
$4.85 |
Change
-0.040(0.82%) |
Mkt cap ! $55.55B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.91 | $4.85 | $22.66M | 4.649M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3589 | $4.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.86 | 545063 | 91 |
View Market Depth
| Last trade - 11.42am 23/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |