I do understand how issued shares may affect the trading volume and that the chart you post shows no real increase, but that wasn't my point. My point was that outstanding shares has a direct relationship with their EPS growth and this might be part the reason for the bogging of the SP. MAH are lifting their profit levels substantially to allow for the increase in issued shares (see below), so I remain bullish on MAH's outlook and I believe a break out will come - everything is pointing positive for 2019.
MAH
Breakout?, page-15
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $711.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $425.0K | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 224021 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 551790 | 8 |
View Market Depth
| Last trade - 10.16am 26/08/2024 (20 minute delay) ? |
| MAH (ASX) Chart |