I am more than happy to do that, but I probably will be boo'ed out of the room. I'm sure there will be people who can dig out my previous analysis and see why it can drop back to the $1.30s.
As things will always overshoot, this time the momentum may swing backwards to be oversold, who knows how far it could swing backwards. Today is only day 1 where the bulls have all suddenly become bears. The next few days will be a more interesting watch. Many people has still got profit to take off the table, and people starting to realise that A2M is not worth this much.
The traders have started to jump on this stock as a good short-term trade, and now they're probably making money by shorting it to the max..
Wednesday Trading, page-213
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 (20min delay)
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Last
$7.01 |
Change
0.290(4.32%) |
Mkt cap ! $5.067B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $7.12 | $6.81 | $26.19M | 3.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $7.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 28521 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |