Tradenewb, I'm no economist, but I think the beginning of slow measured US Fed hike is a good thing, it indicates confidence in the US economy and rates can't stay at 0 forever. Should see increase in USD and drop in AUD and NZD, currency move is favourable if A2M is ramping up exports. I was delighted to see the share price so far up this morning and bought some more at 1.32 this afternoon as I expect this will kick on further after the days news gets out this weekend. This may retrace back towards today's low ($1.23 on Chi-X), but I'm no good at picking the bottom.
Opinions on long term holding/fed hike effects?, page-4
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Last
$6.85 |
Change
-0.060(0.87%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.87 | $6.78 | $8.532M | 1.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2151 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 27162 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |