Yes it's a bit of a shock but I do think that they could just have avoided writing down AXL Taking it on the nose is a good thing.I hate the continued underperformance as they drip provisions into the results. Really I am not happy but at the moment I agree there is an aversion to any risk or cyclical stocks. In some ways I would be glad if they have lightened the APT until after the interim . There is a risk if USA doesn't fire on all cylinders and whilst I know what to expect here I really have no idea of the USA and the consumer there. You can find people here but how do you find then in 250 million.
I am sticking to it but will try to make contact and speak to MG.
Certainly small caps and microcaps are on the block right now.
Ann: Net Tangible Asset Backing - December 2018, page-3
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
53.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1923 | 52.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 160 | 1 |
View Market Depth
| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
| GC1 (ASX) Chart |
Day chart unavailable