AJW, mate I normally would not hesitate and average down, but as I stated these last minute downgrades do not fill me with confidence. Starting to doubt my own research.
The annoucement seems to indicate it is the Nov sales and Dec forecast where the problem is. If so will the start of the 2nd half also be weak?
That said normally a profit downgrade results in sellers significantly out numbering the buyers however not in this case. But 13m shares already traded.
picking up the pieces, page-3
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Last
$15.91 |
Change
0.020(0.13%) |
Mkt cap ! $2.785B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.90 | $4.580M | 287.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1164 | $15.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.92 | 1922 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| CDA (ASX) Chart |
