I expect underlying profit at around $50m and a loss this half. I also expect that the board will try and convince us that there is a sale afoot for the next 6-8 months with nothing really happening. Sooner or later ASIC will pounce which will put further pressure on the board. All the while they will hope and pray for a turnaround or some miracle to come along and save them but nothing will. Once the reality dawns the share price will collapse to below $1.00 and the vultures will swoop in and pick at the carcass.
I feel so sorry for the longer-term shareholders.
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Last
$1.16 |
Change
0.008(0.65%) |
Mkt cap ! $3.012B |
Open | High | Low | Value | Volume |
$1.16 | $1.17 | $1.15 | $2.664M | 2.300M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 195171 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 399550 | 47 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 185839 | 1.155 |
24 | 598219 | 1.150 |
18 | 307876 | 1.145 |
15 | 662144 | 1.140 |
4 | 125183 | 1.135 |
Price($) | Vol. | No. |
---|---|---|
1.160 | 426063 | 50 |
1.165 | 556206 | 21 |
1.170 | 612981 | 30 |
1.175 | 319170 | 19 |
1.180 | 691007 | 27 |
Last trade - 14.04pm 18/07/2024 (20 minute delay) ? |
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AMP (ASX) Chart |