I will revisit this post about May 1~5. JMO stock will be below $6.00, driven by much lower revenue than they did Q3 2022 $328M and about the same as Q2 2023 $203M. what do you think a 38% decrease in revenue YOY will do to SP. No Water or Covid problems or government interference, yet.
This chart shows why I say this.
Where is it going from here?, page-9
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Last
$6.34 |
Change
0.040(0.63%) |
Mkt cap ! $5.926B | |||
| Open | High | Low | Value | Volume |
| $6.33 | $6.42 | $6.31 | $6.416M | 1.009M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8527 | $6.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.35 | 26138 | 2 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |