This is what Market Movers live for; a big market wide adjustment to profit from.
Nobody could possibly be concerned about "increased borrowing costs" due to rising interest rates, when interest rates are already at historical and ridiculously low rates. It's all just rhetoric that has been magnified by the big players who WANT TO scare the bejeezers out of the herd.
But, we all know it doesn't take much to spook the herd and if the rest of the market expects it to fall then that's what the market will do. That's what the market is doing.
It's going to be volatile; sophisticated players make great money during volatile market conditions. They will be doing what they can to keep it oscillating and swinging widely. So, after this big downward "correction" I am anticipating some big bounces, big falls, big bounces as it (on average) creeps back-up and reaches new (average) highs.
AGY of course will be caught up in this, so instead of gentle swings as we gain value (on each announcement over the coming months) it's going to be a tumultuous ride upwards.
But, it will be UPWARDS - fundamentals for AGY haven't changed.
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Last
4.0¢ |
Change
0.002(5.26%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.7¢ | $87.19K | 2.254M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 914845 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1134158 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 914845 | 0.038 |
4 | 971079 | 0.037 |
6 | 1415907 | 0.036 |
25 | 2943462 | 0.035 |
10 | 1221154 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1134158 | 3 |
0.041 | 1006530 | 4 |
0.042 | 240600 | 5 |
0.043 | 423967 | 4 |
0.044 | 1552604 | 7 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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AGY (ASX) Chart |