Looks like ABY is putting in a double bottom here, very little volume and a very minor touch of new low with improving underlying indicators on the weekly (MACD, RSI etc). Low risk buying here with very tight stops. cash buffer, some hedging and strong parent co. should protect from headwinds whilst copper prices recover. Cash levels improved over the last year and cash costs seem to be improving also.
DYOR
aby = a [good] b[u]y?, page-12
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Last
84.5¢ |
Change
0.025(3.05%) |
Mkt cap ! $79.39M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 85.0¢ | 82.0¢ | $449.5K | 535.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15491 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 56698 | 4 |
View Market Depth
| Last trade - 15.55pm 11/07/2024 (20 minute delay) ? |
| ABY (ASX) Chart |