I am just after a simple explanation of why the share price has gone back by 10 cents in less than a fortnight.
On the 20th December the company put out an annoucement for the projected earnings for the current financial year. The projected earnings were $15M to $16M which matches the previous financial year's results. Previously, a fall in earnings had been predicted.
Following this good news, over 2 million shares were traded on that day, and the share price has retreated since.
All seems very strange.
I am just after a simple explanation of why the share price has...
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Last
$1.32 |
Change
0.020(1.54%) |
Mkt cap ! $499.7M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.34 | $1.30 | $79.65K | 60.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57655 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 2198 | 6 |
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| Last trade - 11.43am 15/11/2024 (20 minute delay) ? |
| IFM (ASX) Chart |