Averaging down is generally a good approach, but with a stock like this, there aren't any positive catalysts right now. They may come, but ask yourself, are there other companies within the same sector that are better value? Something like XRO which has been hammered a little bit at least has more chance of staying afloat.
Ann: Becoming a substantial holder, page-14
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Last
$1.85 |
Change
0.070(3.94%) |
Mkt cap ! $2.335B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.91 | $1.80 | $45.22M | 24.24M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 211147 | 7 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |