Sector has been smashed, market has lost confidence, yet fundamentals and yield are still good and will support the price at these levels. Good buying down here as a result. Got in yesterday and will look to buy more on weakness today.
Doubt there will be a strong bounce in the very short-term, but I see very little downside risk and a good return, with every chance of good upside in the medium term. This stock isn't going bust - still very profitable.
Sector has been smashed, market has lost confidence, yet...
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $35.99M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 25.0¢ | $15.5K | 62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31045 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 12696 | 1 |
View Market Depth
| Last trade - 13.59pm 09/07/2024 (20 minute delay) ? |
| ASH (ASX) Chart |