ASX:RDXTrade Distributors
Redox (ASX:RDX) Shares Drift While Margins And Profit Keep Improving
Redox walked into this result with the stock down about 14% over the past week and about 13% over the past month, even though the longer 3 month line still showed a gain. That set the stage for a classic sentiment clash. The headline from the earnings is clear. Profit quality and margins are quietly tightening up while the market has been in de risk mode.
The key tension for you as an investor is simple. The share price has been marking time while earnings per share and net profit margin tell...