I'm not a buyer. Share the same sentiment with @smoke123. The selling pressure will be immense on WAM. I would watch the avg sell volume on WAM to make a decision on when the selling dries up. I doubt it would go up to 2.40 but 2.20 could definitely be in the works.
Your only problem is most of the recent buyers of AYS picked it up at 76-79 so the selling on WAM will be pretty strong all the way down to 2 ish.
Wait and see.
Ann: Register Date for AYS Bidder's Statement, page-39
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Last
$1.51 |
Change
-0.015(0.99%) |
Mkt cap ! $1.675B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.51 | $948.5K | 626.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31955 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 102784 | 5 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| WAM (ASX) Chart |