Why would the stock get dumped on this news? "Brambles (BXB) reported that CHEP, (a Brambles Company) announced a six-year service agreement with Australia's leading fresh food retailer Woolworths. Under the agreement, CHEP will supply and manage its specially designed collapsible produce crates to Woolworths' Vendors who will exclusively provide Produce packed in the new crates to Woolworths supermarkets across Australia and New Zealand. BXB slid 77 cents (5.83%) to $12.43. " Surely this can only be good news. What am I missing here anyone?
wow, page-3
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Last
$15.10 |
Change
0.030(0.20%) |
Mkt cap ! $21.02B | |||
| Open | High | Low | Value | Volume |
| $15.13 | $15.19 | $15.03 | $28.87M | 1.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16639 | $15.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.18 | 7550 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BXB (ASX) Chart |