There is already that much bad news priced in, management only needs to confirm guidance, give a little positive outlook and SP will go up 10% - I am happy to speculate. Even the SP gets manipulated below $10 by a few basis points, buying will come in. This looks to me like a situation where fear has it over greed.
Citibank update, page-59
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Last
$6.81 |
Change
0.100(1.49%) |
Mkt cap ! $4.923B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.70 | $10.26M | 1.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9090 | $6.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.81 | 17768 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |