I have been very hesitant to purchase anymore AIS stock since the share price demise and catastrophic failures of management which started a couple of years ago, but I now think that now is as good a time as ever to think about averaging down. I do not think the quarterly deserved a 15% red day response at all. So, I am going to put in an order tomorrow around 25c. Copper prices are in complete bull mode, the quarterly showed signs of cost reduction and performance improvement during a quarter which was mostly before the Cu price recovery. I think the market is not thinking medium to long term here with the massive paydown of debt and complete business reversal which will 100% take place if Cu prices stay at these levels or higher. I have been waiting for a sign to average down and this appears to be it Imo.
- Forums
- ASX - By Stock
- Ann: QUARTERLY ACTIVITIES REPORT - MARCH 2024
I have been very hesitant to purchase anymore AIS stock since...
Featured News
Add AIS (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $217.6M |
Open | High | Low | Value | Volume |
21.5¢ | 22.5¢ | 21.5¢ | $717.9K | 3.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22400 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 53507 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 22400 | 0.220 |
7 | 263190 | 0.215 |
8 | 434530 | 0.210 |
8 | 412240 | 0.205 |
13 | 329062 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 53507 | 3 |
0.230 | 197785 | 6 |
0.235 | 178508 | 4 |
0.240 | 80466 | 6 |
0.245 | 33217 | 2 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
Featured News
AIS (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online