I think the drop is not a reflection of RMD longterm or of today's result. The Market seems to punish any stock that does not exceed expectations and sellers can and do panic before thinking things through. RMD in my opinion will bounce back, might be a slow grind back, as has happened previously (on a much less solid result) or it could be a quick bounce. I am going to hold tight, have an order in of it drops to silly levels.
Ann: ResMed Announces Results for the Third Qtr of FY 2016-RMD.N, page-4
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Last
$38.11 |
Change
-0.240(0.63%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $38.50 | $38.57 | $37.66 | $49.01M | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6322 | $38.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.12 | 8095 | 3 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
