l think it is premature to be buying up when the effects of the drought will take many months to be seen.
AAC is a big worry, and Elders Bank could face a lot of bad debts, but this will take a while to be seen.
It will be a long hot summer, there will be more downside opportunities, l expect it to test $1.50 at some point, the div may provide temporary support but what after that ?
Instos are not always mugs - they can see the writing on the wall - preserve capital and put it to use elsewhere.
les woznitza buys up, page-13
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Last
$1.38 |
Change
-0.010(0.72%) |
Mkt cap ! $466.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $258.9K | 186.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2543 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| FCL (ASX) Chart |