With the interest rate rises, some time this year retail sales will slow down. There is also a possibility of a recession in 2024. If people want to get out of AX1 in the short term i would wait for the profit announcement to come out and sell (it should be positive because the recent update was positive).
Ann: Trading Update, page-17
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Last
$1.94 |
Change
-0.045(2.27%) |
Mkt cap ! $1.089B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.00 | $1.94 | $2.944M | 1.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6330 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 12880 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |