I recently purchased more ALU for $39.50
Considering that it was already above Autodesks low-ball offer of $38.50 per share, and also taking into consideration that I'm assuming that FY24 guidance for revenue growth of 20-23% remains unchanged (along with other metrics) and taking into further consideration that after the release of FY23 results, the share price closed at $48.41 and we're almost back to the share price pre release of FY23 results. Is this again an opportune time to accumulate?
I obviously thought it was.
But this stock doesn't move like other stocks. It always seems to polarise opinions.
The point of this post is really to ask the question...when a company releases a standout report that includes solid guidance and the stock powers up by over 20% in one session, is it then worth taking the plunge and adding to your holdings after the market has taken back much of those gains when the outlook likely looks unchanged - or do we just forget about it and throw the previous results and guidance offered and throw it out the window?
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I recently purchased more ALU for $39.50Considering that it was...
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Last
$66.77 |
Change
-0.080(0.12%) |
Mkt cap ! $8.808B |
Open | High | Low | Value | Volume |
$66.80 | $66.87 | $66.77 | $35.17M | 526.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 73940 | $66.75 |
Sellers (Offers)
Price($) | Vol. | No. |
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$66.83 | 171 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 25439 | 66.750 |
1 | 15 | 66.730 |
2 | 25014 | 66.500 |
1 | 23 | 66.200 |
3 | 92 | 66.000 |
Price($) | Vol. | No. |
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66.850 | 1873 | 2 |
66.880 | 1723 | 3 |
66.900 | 2468 | 2 |
66.940 | 470 | 1 |
66.950 | 500 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$66.79 |
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Change
-0.080 ( 0.10 %) |
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Open | High | Low | Volume | ||
$66.75 | $66.87 | $66.75 | 807571 | ||
Last updated 15.59pm 24/05/2024 ? |
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