APE 0.85% $10.52 eagers automotive limited

I am not surprised thats why I sold out at $16.50 could see this...

  1. 63 Posts.
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    I am not surprised thats why I sold out at $16.50 could see this coming. Car sales have really started to decline and some waiting periods for new cars are over one year and with interest rates rising new car orders will start to fall over people will just stick with the car they have. Used car sales are down as well there is a lot of stock around unsold and taking longer to sell some dealers are starting to discount. APE is a very cyclical stock and with interest rates on the way up that does not bode well for car dealers I would not be surprised to see the shares fall below $10
 
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Last
$10.52
Change
-0.090(0.85%)
Mkt cap ! $2.736B
Open High Low Value Volume
$10.64 $10.73 $10.46 $10.11M 956.4K

Buyers (Bids)

No. Vol. Price($)
5 5391 $10.52
 

Sellers (Offers)

Price($) Vol. No.
$10.54 2031 2
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Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$10.53
  Change
-0.090 ( 0.73 %)
Open High Low Volume
$10.64 $10.72 $10.45 79283
Last updated 15.59pm 27/05/2024 ?
APE (ASX) Chart
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