Meerkat- based on the rejection of medium term resistance of 9.8 cents following the latest quarterly my view is that distribution has set in.
On the question of a capital raising I think that's undoubtable, the more important question to me is will it be at higher or lower prices than the last, if they can raise at higher then AHZ just might see an end to the longer term down trend it's been in.
Meerkat- based on the rejection of medium term resistance of 9.8...
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Last
$17.75 |
Change
-0.160(0.89%) |
Mkt cap ! $340.8M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.65 | $53.47K | 2.992K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 285 | $17.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.75 | 2141 | 1 |
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| Last trade - 15.58pm 16/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |