it's not just ahz, it's across the board with the darlings of the biotech sector of recent times. nobody is buying your ADOs BLTs and AHZs just for the sake of it and following trend, momentum trades are done at least until the second half of year if the macros environment improves as people are hoping it will. these stocks will now only trade up on news and for AHZ the timing of their most significant recent news was really bad luck as we all could have made some good trades off it if it's come a month or so earlier and cracked the 20 cent barrier.
I think for ahz with the reaction to their recent announcements they will now only release something if it's significant and by that I mean $$$$ signs that will make people get their calculators out and jump on-board, which won't be too far in my view. all other short term new would look like just them trying to ramp up stock with hype, after a few announcements fall on death ears you need to reconsider strategy.
the smart investors won't let this drop below 13c without sweeping it up though which looks like is already taking shape over last month or so. pointless looking over the fence to check whether the grass is greener right now as it's few and far between and you'll only be caught chasing stock up, at 13c ahz is a good place to plant seeds in my view!
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Last
$10.00 |
Change
-0.150(1.48%) |
Mkt cap ! $211.3M |
Open | High | Low | Value | Volume |
$10.26 | $10.35 | $9.80 | $295.8K | 29.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22 | $9.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.00 | 2758 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22 | 9.870 |
1 | 1000 | 9.860 |
1 | 2000 | 9.850 |
2 | 4587 | 9.800 |
1 | 200 | 9.600 |
Price($) | Vol. | No. |
---|---|---|
10.000 | 2758 | 1 |
10.490 | 198 | 1 |
10.500 | 10000 | 1 |
11.000 | 3000 | 1 |
11.500 | 250 | 1 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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