Duicorp
I am curious to know what prompted you to state;
"....but I think she will turn...its obvious the shrters a pushing this down...and they will have to cover very shortly hehehe,...."
MAP's SP has been forced down all the way from its $4.65 peak on Oct18 2007 to today's low of $2.39 [a loss of 48.6%]. It has fallen through ~130% of Fib retrace from the 24/8/06 low relative to the 18/10/07 high. This also equates to a GANN ABC retrace of 115% based on 18/10/07, 22/1/08 & 4/2/08.
My analysis suggests MAP may find Fib / GANN retrace level support at $2.27, $2.18, $2.14, $1.97, $1.90 & $1.75.
IMHO Macquarie's extraction of huge payments from this satellite & its high leverage [CommSec says D/E is 257%] is what has triggered investors' desertion of MAP - SH equity has been vaporising! There were almost 1m overseas cross trades during the auction - shorters positions bought back perhaps but indicative of just how exposed Aussie stocks are at present.
4YIO - NFA
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $85.09M |
Open | High | Low | Value | Volume |
19.3¢ | 19.5¢ | 19.0¢ | $112.4K | 591.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 691827 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 34248 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 691827 | 0.185 |
1 | 11055 | 0.180 |
1 | 12000 | 0.175 |
5 | 69175 | 0.170 |
1 | 49380 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 34248 | 2 |
0.195 | 323006 | 2 |
0.200 | 37925 | 2 |
0.205 | 125000 | 2 |
0.210 | 65000 | 2 |
Last trade - 14.33pm 19/08/2024 (20 minute delay) ? |
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