ORG has recently hit a 52-week high,
I think it is possibly a 5yr high.
If this trend continues, we might see AGL’s stock price reach around $12.00. However, I anticipate a potential sell-off at that point, likely from retail investors who might cash in if they bought at similar prices, especially those speculating that the price will surge towards the $15 to $16 range.
I agree - $12 is where I see it heading to - after that is very optimistic speculation. Sure, AGL is turning things around, and people are getting interested in the sector ( a lot of retail investment due to media coverage?) but they will take a decade to build the infrastructre to justify a $15-16 range.
AGL will go significantly higher on result, page-143
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Last
$10.12 |
Change
-0.155(1.51%) |
Mkt cap ! $6.838B | |||
| Open | High | Low | Value | Volume |
| $10.27 | $10.27 | $10.06 | $7.781M | 767.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 10392 | $10.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.12 | 7909 | 31 |
View Market Depth
| Last trade - 12.32pm 26/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |