lol the ASX200 inclusion so close to Q4 & FY has got me pumped. Can't be the usual negative bull that I am... for now
Now the crappy loan shark debt gone and only a 2.8% discounted CR to do it. Broker upgrades up at $1.90 to $1.95.
If we can get over this $1.80s resistance and turn it into support, it should provide some more safety until Q1 (3 months away - when I will be extra weary).
Expect a huge closing auction tomorrow and if we can stay up around here, may get over that mid $1.80s resistance. Not sure what to expect on Monday once in ASX200. Once they are in the ASX200, certain fundies have mandates that only allows them to purchase ASX200 stocks so could get more buying there too.
FY results on 27th Aug could bring on a HY style pump higher. HY results hit $1 then dropped to low 80s on the same day. Then doubled a month later with more insto support. Need to see if brokers and instos celebrate the FY CFP party even more and take this up even higher.
$2 Billion party - Bears and shorts welcome, page-25
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Last
$2.79 |
Change
-0.010(0.36%) |
Mkt cap ! $3.642B | |||
| Open | High | Low | Value | Volume |
| $2.80 | $2.81 | $2.74 | $25.49M | 9.190M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11942 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 30971 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |