ASx shares have been belted from thier high and from the market drop, they were $45 when the market was 5699 and even as the market went higher the shorts, trading on fear have had control, but it appears with resent increasing volume, ASX shares are due for a dramatic comeback.
I personally dont think 60plus but there is plenty of analysist from big houses calling them above $50. So based on its peers and fundamentals (no debt , no currency risk, little no no real competition and improving markets) I think over $40 in the short term is very possible.....
anyone else got a thory?
asx shares undervalued on fundamentals
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Last
$63.41 |
Change
1.050(1.68%) |
Mkt cap ! $12.29B | |||
| Open | High | Low | Value | Volume |
| $62.99 | $63.47 | $62.92 | $27.43M | 433.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 734 | $63.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.41 | 1023 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |