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1.11%

22.3¢ aeris resources limited

Rotation looks to be accelerating.Market breadth going to the...

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Exised

6,140 Posts.

2859

06/12/21

14:07

Post #: 58100747
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Originally posted by Exised: ↑

With half of my portfolio in miners, I can see a marked underperformance of the smaller players like AIS in the portfolio. There is definitely a rotation going from smaller players to the larger and more established ones.

I think it maybe be due to the high inflationary numbers we are currently seeing. The market is pricing debt at a more expensive rate moving forward and the smaller end of the mining town is known to be more capital intensive. This in turn puts a bit of a discount on smaller players like AIS.

The less than ideal quarterly and conservative guidance didn't help our cause either... So a bit more patience and a reign in of expectations is required here.

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Rotation looks to be accelerating.

Market breadth going to the bigger MC companies... and is not just on the miners. The rest of the market including US is in rotation, see Russel 2000 (small cap index) below...

Last edited by Exised: 06/12/21

AIS Price at posting: 15.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.3¢		Change -0.003(1.11%)		Mkt cap ! $217.6M

Open	High	Low	Value	Volume
22.0¢	22.5¢	21.8¢	$30.47K	138.5K

Buyers (Bids)

No.	Vol.	Price($)
3	29113	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	380796	15

View Market Depth

No.	Vol.	Price($)
4	27445	0.220
13	836668	0.215
25	567723	0.210
17	1028153	0.205
24	1036918	0.200

Price($)	Vol.	No.
0.225	357954	13
0.230	66067	4
0.235	15736	3
0.240	78387	7
0.245	92009	7

Last trade - 10.19am 02/07/2024 (20 minute delay)

AIS (ASX) Chart

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