I have been very hesitant to purchase anymore AIS stock since the share price demise and catastrophic failures of management which started a couple of years ago, but I now think that now is as good a time as ever to think about averaging down. I do not think the quarterly deserved a 15% red day response at all. So, I am going to put in an order tomorrow around 25c. Copper prices are in complete bull mode, the quarterly showed signs of cost reduction and performance improvement during a quarter which was mostly before the Cu price recovery. I think the market is not thinking medium to long term here with the massive paydown of debt and complete business reversal which will 100% take place if Cu prices stay at these levels or higher. I have been waiting for a sign to average down and this appears to be it Imo.
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I have been very hesitant to purchase anymore AIS stock since...
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $169.3M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.0¢ | $199.2K | 1.136M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 66408 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 562727 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 66408 | 0.175 |
13 | 1580585 | 0.170 |
15 | 1288324 | 0.165 |
24 | 899432 | 0.160 |
8 | 483670 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 527727 | 10 |
0.185 | 1008908 | 10 |
0.190 | 294230 | 8 |
0.195 | 390000 | 4 |
0.200 | 177750 | 5 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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AIS (ASX) Chart |