Another factor I forgot to mention is that the reason for the cost increase was to market that new product.
I think there are lots of traders who have dumped this stock.
Take a long term view with this. The advantage in getting in now is 2 fold. When it rises to say 1.50 you can pyaramid and the current potential of the stock (which has not changed as a result of the result) is still in tact so there is flow or base for the stock.
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Last
$7.72 |
Change
0.310(4.18%) |
Mkt cap ! $965.8M |
Open | High | Low | Value | Volume |
$7.47 | $7.72 | $7.45 | $897.0K | 118.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 228 | $7.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.80 | 5629 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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VSL (ASX) Chart |