More likely to continue to trend down towards that issue price, and probably bounce just shy of that (at around $7.60, which would be the same premium to NTA as just before the dilution, so makes some sense). Charts will not give you a read on this one, so best thrown them away. This stock will be ruled by sentiment for the next few months, plus a dose of Brand Reality. The ASIC story about fees and refunds could also gain more traction over the coming week or so, so be careful for news from left field. Happy to buy around $7.60-80 level, but until then not happy to hold.
Favorite Stock to Short, page-418
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Last
$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |