Can you define "cheap"? A company trading on a forward PE in the high 20s with declining revenue isn't exactly "cheap" for a consumer staples company. There's support around $10, which could be worth a punt around there for another dead cat bounce, but you'd need a stop loss at around $9.70 as it's going to $8 if that breaks. Still plenty of supply. $10.30 got wiped out in an instant, just like $10.40 did yesterday.
Tipping Challenge: Bulls vs Bears, page-33
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Last
$6.99 |
Change
-0.120(1.69%) |
Mkt cap ! $5.053B | |||
| Open | High | Low | Value | Volume |
| $7.00 | $7.07 | $6.96 | $10.80M | 1.545M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 13394 | $6.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.99 | 4946 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| A2M (ASX) Chart |