hi guys
like most we'd all like to see a successful outcome for the shareholders of ADI, AUT & EKA.
also it would be epecially good for the energy sector as a whole..
plenty of speculation as to whether it will be commercial or not.
you have those who are super confident and those who are a little cautious..
the bottom line is, nobody really knows until the well is drilled to T.D and tests have been completed.
as for the fall in the past couple of days, well worth looking at energy sector indicies chart (XEJ) & ALL ORDS chart (XAO)..
the energy sector chart (XEJ) is almost a mirror image of ADI's chart over the past 6days.
in as much as energy sector chart has basically fallen over the past 6days, ADI's chart is exactly the same..
my gut feeling is, the above has been the major factor in ADI's re-trace. perhaps had the sector pullback not occured, then ADI's & it's JVP's share price might be higher..????
baring any announcement, keep an eye on the indicies. that will give you a clear view of where the share price might be heading.
market forces are at work at present, not much you can do other than weather the storm..
regards
- Forums
- ASX - By Stock
- DXI
- market forces at work
market forces at work
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DXI (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
-0.080(2.70%) |
Mkt cap ! $913.7M |
Open | High | Low | Value | Volume |
$2.95 | $2.95 | $2.88 | $707.0K | 243.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | $2.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.89 | 755 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 2.850 |
1 | 755 | 2.830 |
1 | 755 | 2.800 |
1 | 755 | 2.790 |
1 | 755 | 2.780 |
Price($) | Vol. | No. |
---|---|---|
2.890 | 755 | 1 |
2.900 | 755 | 1 |
2.910 | 28217 | 2 |
2.920 | 755 | 1 |
2.930 | 755 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
DXI (ASX) Chart |