Hi Stevie
Of course it's best to buy stocks low and sell them high - this is easier said than done. AIS's share price has dropped substantially recently, owing to a range of factors - many quality Cu stocks have fallen in the last 12 months eg EM2, NWC and SVY. AIS has fallen along with these and has also been adversely impacted by the dilution caused by the purchase of Round Oak.
I can understand your frustration if you bought AIS at higher prices and the price has now collapsed.
Having said this, it is important to remain objective. IMO Andre is excellent - he saved AIS from insolvency and IMO is worth all of +$1 mio pa. Yes, AIS is in the doghouse currently - however IMO this presents a massive buying opportunity.
Cu's future is bright and AIS's future IMO is bright. IMO you need to look past previous trading errors and look to the future - remember, buy low and sell high. And IMO AIS is a quality Cu exposure that is currently low.
GLTA & DYOR
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Last
17.8¢ |
Change
-0.023(11.3%) |
Mkt cap ! $178.9M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 17.5¢ | $680.1K | 3.706M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 224553 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 194587 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 224553 | 0.175 |
20 | 1183818 | 0.170 |
4 | 115950 | 0.165 |
11 | 396603 | 0.160 |
3 | 135950 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 194587 | 14 |
0.185 | 295679 | 12 |
0.190 | 53490 | 6 |
0.195 | 193147 | 8 |
0.200 | 180422 | 10 |
Last trade - 12.46pm 25/07/2024 (20 minute delay) ? |
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AIS (ASX) Chart |