Hi All.
I agree BSA - one day does not make a market. - Ive been trading AMP (warrants) since thje start of the year and have made a decent amount of money on them even after a few mistakes which cost me a fair chunk of profits. Been looking at the last few years data over the last cpla days and IMHO once AMP gets up above the 6.40/6.50 level it should continue its uptrend to over $8. There was always MAJOR resistance at its current price and combined with them announcing their intention to hold HHG when the view was that they would sell them as soon as they were allowed to AND going ex-div, this held the stock up over the last two months. AMP is still pulling in the cash and still uptrending. With that all in mind I am long (again) and will probably only sell to swap into later dated warrants when the time comes. Im looking at a sell price of AMP @ around $7.50/$8.00 which is achievable within a year and most likely once their next report comes out in FEB?? Can anyone tell me if they release interim quarterly figures anymore?
Any ways AMP is still undervalued IMO and is a great stock for trading and also for any long term investors with a low risk threshold. As always read the red and do ure own research
cheers.
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Last
$1.32 |
Change
0.020(1.54%) |
Mkt cap ! $3.427B |
Open | High | Low | Value | Volume |
$1.32 | $1.32 | $1.30 | $13.24M | 10.08M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37944 | $1.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 588948 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37944 | 1.315 |
4 | 126080 | 1.310 |
6 | 223721 | 1.305 |
8 | 536422 | 1.300 |
2 | 99377 | 1.295 |
Price($) | Vol. | No. |
---|---|---|
1.320 | 585308 | 17 |
1.325 | 496028 | 17 |
1.330 | 640051 | 39 |
1.335 | 319316 | 6 |
1.340 | 392540 | 19 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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