Tech stocks now look more reasonably priced and are oversold. I’ve been buying tech on the dip. I’ve said it once and I’ll say it again. I agree APE is the best in the business but I believe this, FLT and everything else pumped and overbought on the reopen trade will drop once the DOW gets an overdue touch up. Think you’ll see APE back in the mid $12s/low $13s and then you could see it head higher pending continued momentum in vehicle sales. Like all the house and home spending last year, I think peak vehicle sales have come and gone but I’m happy to be proven wrong.
Ann: FY2020 Results Presentation, page-20
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 (20min delay)
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Last
$10.07 |
Change
-0.040(0.40%) |
Mkt cap ! $2.602B | |||
| Open | High | Low | Value | Volume |
| $10.10 | $10.24 | $10.06 | $8.160M | 807.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10072 | $10.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.09 | 764 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$10.09 |
Change
-0.040 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $10.16 | $10.24 | $10.07 | 172315 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| APE (ASX) Chart |