I completely agree with you in the general, statistical sense. But there are a couple of pretty big "buts" to provide some balance in the case of QUB. Firstly, QUB have actually reaffirmed FY15 growth -- their trading conditions warning is most relevant to the next FY (FY16). Secondly, there is a pretty serious catalyst that could reverse negative sentiment: Moorebank. This obviously won't affect earnings positively for quite some time, but the market is forward-looking, and will gradually price in Moorebank as it progresses.
I completely agree with you in the general, statistical sense....
Add QUB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.96 |
Change
0.080(2.06%) |
Mkt cap ! $6.843B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.96 | $3.91 | $5.488M | 1.396M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 27133 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 32065 | 51 |
View Market Depth
| Last trade - 15.40pm 22/11/2024 (20 minute delay) ? |
| QUB (ASX) Chart |
