hey Zzup, I had an order in a 36.5c just got hit, nearly wiped out the whole line too, but 36.5 holding for now.
Dropping further depends on whether that 1,000,000 unit buy order stays there at 36c, but there is a lot of support building around that level.
This market is crazy the way instos and bots can influence the share prices. AJA hit 42.5c last week, and now its down about 15%, and the announcements from the company in that time frame have both been great, debt refinanced, and NAB becoming a substantial holder.
I buy on margin, and most of my holding is June and Dec ex-div high yield stocks, so its a long time between drinks, and trying to hold onto them or simply buying more (or too many) during the cyclical dips that happen between distribution payouts can prove a challenge. Providing everything stays the same (company performance) the SP will increase towards EXDIV date, but its still 3 months away.
AJA Price at posting:
37.0¢ Sentiment: LT Buy Disclosure: Held
