No, I disagree. The ASX 200 took an absolute hiding on Friday, down more than 2%, with tech stocks fairing even worse thanks to the Nasdaq dropping 5% the previous night. I can't see how its possible to separate all that from the effect of the AMS update to explain a 50% drop in the SP that eventuated. I'd say the sum of the two caused a panic selloff of AMS. Sure the forecast sales revenue is revised down from $95m+ to $80m-$90m, but that would still be higher than FY21 ($78m), and higher still than FY20 ($44m). And conditions in the market are still far from normality. AMS has been well oversold.
All IMHO, DYOR
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $50.97M |
Open | High | Low | Value | Volume |
4.4¢ | 4.4¢ | 4.2¢ | $30.52K | 708.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22999 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 38719 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.044 |
2 | 22999 | 0.042 |
3 | 191279 | 0.041 |
7 | 159500 | 0.040 |
2 | 60641 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 5461 | 1 |
0.044 | 38719 | 3 |
0.047 | 150000 | 2 |
0.049 | 225000 | 2 |
0.050 | 538801 | 4 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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AMS (ASX) Chart |