Yep, gotta agree, the churning around it's "NADIR" has finished and I expect APX to " climb the wall of worry" and grind higher from here.
The macroeconomic environment for AI is simply too big to ignore and APX, being a pure AI play, has to be a beneficiary of this dynamic, hence, the recent director and large fund managers buying. Additionally, shorters will start unwinding their trades that have been so successful over the past couple of years but even they are starting to realize that " the worm has turned".
Best looking chart on the ASX, page-36
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Last
$1.00 |
Change
-0.215(17.7%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | 99.0¢ | $33.62M | 31.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 117991 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 69030 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |