For the last few days, Over 85 million AIS shares traded between 2.9 c to 3.2 c that has never occurred with AIS before.
You can figure out from the trade data, even the retail investors are scared in investing in AIS at or above 3 c. This happens when any stock issues so many shares and in the case of AIS, total issued shares will be over 1.8 billion.
So, long way to go. Skidding or drop is not going to end soon. In my view, AIS would drop below 2 c or more.
It will depend on the gold output without any mining issues or problems!
Very risky indeed!
SIGNIFICANT DROP, page-45
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $164.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.5¢ | 16.8¢ | $675.5K | 3.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 651375 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 111090 | 2 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| AIS (ASX) Chart |