If the institutions believe that it is time to switch out of defensives ( utilities,property trusts and banks) in favour of growth stocks ( media,resources,other cyclicals) then it may continue to fall. Last cycle low (1999/2000) AGL dipped below $8.00 from memory. It depends on how strongly you view any recovery stories.
agl - bottomed. should rise now, page-2
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 (20min delay)
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Last
$10.75 |
Change
0.090(0.84%) |
Mkt cap ! $7.232B | |||
| Open | High | Low | Value | Volume |
| $10.62 | $10.76 | $10.61 | $21.42M | 1.998M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11253 | $10.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.75 | 13122 | 9 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| AGL (ASX) Chart |