If the past is anything to go by, rocket may well be the word, rocket.
ABY is certainly very heavily geared on the copper price. Copper is trading at roughly 70% on the 2011 high, but ABY is trading at 17% of its 2011 high.
Of slight concern to me is that copper has shown signs of recovery over the last 6-7 months, but ABY has continued to drift in the opposite direction.
aby = a [good] b[u]y?, page-11
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Last
84.5¢ |
Change
0.025(3.05%) |
Mkt cap ! $79.39M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 85.0¢ | 82.0¢ | $449.5K | 535.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15491 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 56698 | 4 |
View Market Depth
| Last trade - 15.55pm 11/07/2024 (20 minute delay) ? |
| ABY (ASX) Chart |