my opinion is some selling at the start triggered a fall as traders would of thought it was related to todays announcement... stop losses would of been triggered ... liquidity causes spikes in SP movement...
the announcement was positive couldn't see a catalyst ...
they did update earnings forecast for FY17 20-25% growth... were expectations more??? cant see why... there is organic growth in there... plus management seem to be on the low end of guidance to ensure they deliver..... thus far have exceeded expectations
Why wasn't the announcement price sensitive ??? the did provide guidance???
There is a sell off in the midcap space today this could be a factor...
I too missed scooping up today as I was looking at reasoning behind fall.... now have my order in place...
my opinion is some selling at the start triggered a fall as...
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Last
$3.31 |
Change
0.060(1.85%) |
Mkt cap ! $878.9M | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.41 | $3.25 | $2.229M | 672.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8989 | $3.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.22 | 5046 | 1 |
View Market Depth
| Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
| SGF (ASX) Chart |
