With half of my portfolio in miners, I can see a marked underperformance of the smaller players like AIS in the portfolio. There is definitely a rotation going from smaller players to the larger and more established ones.
I think it maybe be due to the high inflationary numbers we are currently seeing. The market is pricing debt at a more expensive rate moving forward and the smaller end of the mining town is known to be more capital intensive. This in turn puts a bit of a discount on smaller players like AIS.
The less than ideal quarterly and conservative guidance didn't help our cause either... So a bit more patience and a reign in of expectations is required here.
Ann: CONSTELLATION DRILLING PROGRAM UPDATE, page-42
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AIS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $227.3M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.5¢ | 23.5¢ | $861.5K | 3.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75302 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 59166 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |