AIS 2.17% 23.5¢ aeris resources limited

Ann: QUARTERLY ACTIVITIES REPORT - MARCH 2024, page-37

  1. 11,083 Posts.
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    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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Last
23.5¢
Change
0.005(2.17%)
Mkt cap ! $227.3M
Open High Low Value Volume
23.0¢ 24.5¢ 23.0¢ $771.7K 3.302M

Buyers (Bids)

No. Vol. Price($)
3 227036 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 34118 2
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Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
24.0¢
  Change
0.005 ( 4.80 %)
Open High Low Volume
23.0¢ 24.5¢ 23.0¢ 891885
Last updated 15.59pm 13/06/2024 ?
AIS (ASX) Chart
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