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$3.17 adbri limited

$1.90 was too good to refuse for me....Im back in!!!

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SlickJohnWick

556 Posts.

24

10/04/20

09:47

Post #: 43985331
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Originally posted by Value_Hunter: ↑

Its pretty clear that this stock now offers very good to excellent value.

equally clear is that we are in a crash environment, and lots of highly leveraged co's will either go broke, or be recapitalised.

while the Federal Govt is yet to come out with a real strategy (aka longer term infra spending to drive recovery in employement etc etc), it will be forced to at some point (aka "new deal" in the USA post the depression).

equally obvious - is the ability of the company to "manage" the price of clinker/cement versus that A$. they will also get a benefit from gold price throu lime sales.

no-one knows where the bottom is - but there is now enough of a discount to start accumulating

all imho

rgds
Value_Hunter

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$1.90 was too good to refuse for me....Im back in!!!

ABC Price at posting: $2.21 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.17		Change 0.010(0.32%)		Mkt cap ! $2.073B

Open	High	Low	Value	Volume
$3.17	$3.18	$3.17	$4.462M	1.407M

Buyers (Bids)

No.	Vol.	Price($)
19	965759	$3.17

Sellers (Offers)

Price($)	Vol.	No.
$3.18	639858	32

View Market Depth

No.	Vol.	Price($)
19	966089	3.170
27	2679729	3.160
16	3007238	3.150
5	14386	3.140
4	399773	3.120

Price($)	Vol.	No.
3.180	635539	32
3.190	29652	12
3.200	119976	15
3.210	20417	4
3.240	3090	2

Last trade - 13.54pm 08/05/2024 (20 minute delay)


Last $3.18			Change 0.010 ( 0.22 %)
Open	High		Low	Volume
$3.17	$3.18		$3.17	85290
Last updated 13.43pm 08/05/2024 ?

ABC (ASX) Chart

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