I think the bad news was already factored in. They released a pretty pessimistic update a couple of months ago and after that the price dropped from about $4.10 to around $3.40.
The result two days ago was actually a bit better than many were expecting (including myself) therefore not much a fall and even rose a bit temporarily.
why mts price did not follow 2 bad ratings?, page-6
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Last
$3.54 |
Change
-0.080(2.21%) |
Mkt cap ! $3.864B | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.59 | $3.54 | $11.63M | 3.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 135067 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.56 | 44672 | 7 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| MTS (ASX) Chart |