Perhaps not a narrative for a charting thread, but eventually, the fundamentals play out. Price and earnings are like two ends of a spring. Price rises on earnings expectations - the spring stretches - and then either earnings needs to catch up or the price snaps back.
The only thing that will arrest this decline is an improvement in the factors influencing earnings (or expectations thereof).
Perhaps not a narrative for a charting thread, but eventually,...
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Last
62.0¢ |
Change
0.005(0.81%) |
Mkt cap ! $112.4M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.0¢ | 59.5¢ | $63.68K | 103.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 204 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 5866 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |