'Mr Market' may be taking his cue from other international markets worried about the possibility of higher inflation and interest rates.
Investors may also perceive that APE has had sales and profit gains 'priced in' but car sales continue to do well. Hence one can foresee another good rise in profit on the horizon, and the prospect of another sizeable dividend.
Markets aren't always correct and can at times be irrational.
'Mr Market' may be taking his cue from other international...
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Last
$10.44 |
Change
-0.080(0.76%) |
Mkt cap ! $2.700B | |||
| Open | High | Low | Value | Volume |
| $10.53 | $10.64 | $10.36 | $8.665M | 828.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2678 | $10.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.49 | 1146 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$10.47 |
Change
-0.080 ( 0.79 %) |
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| Open | High | Low | Volume | ||
| $10.56 | $10.64 | $10.36 | 349656 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| APE (ASX) Chart |