Of course this can retrace, it’s already in a weakness phase now due to being sold down heavily in last couple of weeks for some reason??
Significant news is imo at least mid March away all going well, possibly further given timelines have been pushing out.
A significant correction on US markets has been on the cards now for a while. Friday’s pummeling on the Dow which was the 6th biggest pts drop ever could be the start of the rot, next couple of sessions will certainly reveal a lot.
If things come off hard and overall sentiment turns then I’d be expecting AUZ tests the low 8s again for sure.
I don’t see anything crazy like 0.06 unless there’s a complete meltdown or bad news from the Co.
Anyhow let’s see what the markets dish up next week, I’d say we will see some volume go through at some point.
AUZ - chart, page-1551
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $20.97M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $24.86K | 1.630M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 21880828 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 2955316 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 20880828 | 0.014 |
10 | 16862562 | 0.013 |
11 | 22514133 | 0.012 |
13 | 16766666 | 0.011 |
13 | 15965085 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 2955316 | 4 |
0.016 | 9749796 | 24 |
0.017 | 6963838 | 18 |
0.018 | 3231352 | 5 |
0.019 | 2732000 | 7 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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AUZ (ASX) Chart |