HSP, not quite right regarding Sonic "upgrading" its conservative guidance.
In August, Sonic's guidance was for about 20% growth for FY16. At the annual meeting this week, it simply repeated that guidance (although now says "exceed 20%"). Maybe investors didn't believe them previously, whereas the ann meeting provided more detailed evidence of growth.
In any event, I was amazed by the market's silliness when SHL dropped below $18, less than 8 weeks AFTER it provided guidance of 20% growth. So, I bought more.
HSP, not quite right regarding Sonic "upgrading" its...
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Last
$26.20 |
Change
0.310(1.20%) |
Mkt cap ! $12.91B | |||
| Open | High | Low | Value | Volume |
| $25.86 | $26.27 | $25.79 | $23.17M | 887.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3120 | $26.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.30 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SHL (ASX) Chart |
