few people taken to the wood chippers today
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few people taken to the wood chippers today
Yes that's quite a reaction to a slight miss in average analyst expectations. The miss in net profit looks attributable to increased spend on marketing and staff.
the asx usually is more brutal to stocks that miss targets
shorters will have a fielday
My condolences to holders selling out of such a good company at a lower price.
Great growth, but Mr Market expecting more?
ATM even after falling 14% is probably still a bit overvalued,fair(er) value I reckon more around $12 mark .
Hopefully it falls to $10-$12 ...... someone can surely justify this? I can't.
hrdlicker just on cnbc says investing in heaps more people for us market etc and heaps more on marketing to grow the brand. glad to see she more on growing the business than the share price
This is the time when you really want this stock to be buying I guess. Last bought some at 1590 so I will need to average down a bit again. Just think of XRO then, no correlation for sure, when the price was really low when it was announced it will be moving to ASX. That's was gut feel on believing the dream for XRO. And this is when ML really helps. Still, GL to all holders and let's include the sellers as well :)
was the price that much ahead of itself - appears so
be interesting what happens in Aus