It's very interesting situation on the market. Basically all resources stocks are moving down in spite of fundamentals in some stocks. In this scenario I would expect that BHP can reach a very strong support level at $25 in the nearest future. The current market sentiment is to sell almost all resources. However there are a few stocks (food/health) which are almost at their high levels, for example ANN. The profit of this company has NOT changed much in comparison with the previous year also the perspectives of ANN are not very exciting as for CVN, but ANN even in very bad market conditions is moving up.
Yes, you may say that the POO is moving down, but as I mentioned many times profit of the company is in $AU, even after a relatively big drop of POO this night we have
$US80.69 * $AU/$US 1.5512 = AU$125.1
what is at the same level as POO was in May when the stock reached the maximum of ~80c.
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $265.5K | 1.746M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 66750 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 2227430 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 66750 | 0.150 |
14 | 590755 | 0.145 |
4 | 443714 | 0.140 |
4 | 462005 | 0.135 |
6 | 517793 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 2227430 | 6 |
0.160 | 999620 | 13 |
0.165 | 284000 | 5 |
0.170 | 1465930 | 14 |
0.175 | 680192 | 10 |
Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
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