My only reservation to that comment is that yesterday's bar was not ideal and it looks like being confirmed today.
i am only learning technicals but I know that pattern.
underlying of course is what happens with refinancing. When the capital structure is sorted or cash flow is proven to be sufficient, it will reflect in the price.
it is being discounted for Financing risk. And rightly so.
My only reservation to that comment is that yesterday's bar was...
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Last
$13.80 |
Change
-0.190(1.36%) |
Mkt cap ! $4.125B | |||
| Open | High | Low | Value | Volume |
| $14.10 | $14.10 | $13.67 | $13.15M | 953.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 17228 | $13.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.81 | 2425 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |