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
$3.82 |
Change
0.000(0.00%) |
Mkt cap ! $44.13B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.84 | $3.78 | $85.69M | 22.48M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 260942 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 24998 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |