Whilst I understand the dollar has dropped, it also dropped did it not in FY13? Preeeetty sure we were over 1.00 before it went back to under 94 in that FY - and yet JB turned a great result.
I think negative market sentiment and a shorting "party" is to blame for this selloff. At a PE in the range of 11-12, dropping from ~$20 to $15.49, this is now at (imo) the silly stage. I guess the RSI on the chart indicates the same. I'd like to guess a long position around this point is a fair call.
Whilst I understand the dollar has dropped, it also dropped did...
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Last
$66.11 |
Change
0.960(1.47%) |
Mkt cap ! $7.228B | |||
| Open | High | Low | Value | Volume |
| $65.50 | $66.15 | $65.26 | $20.44M | 309.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 182 | $66.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $66.12 | 949 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| JBH (ASX) Chart |