Hitang and all,
Agree, that analysis looks about right. I look also at the volume on the climbs and there were some significant buys in the $3.53 to $3.56 range (about 50k to 100k units) on announcement day so trades were about $175K+ and this indicates instos are reversing their trends on QAN. Oil not really relevant as they are pegged about $38 equivalent with fuel for at least 12 months. The upward trend will soon see a return to $4 but it's a guess when that will happen. April 1 from memory was when it hit the high of $4.21 but there is a way to go before that is reached again. Don't forget a great deal of positive sentiment is being factored in with this recent run so QAN has to keep performing, but that has already been proven.
Good stuff coming.
Hitang and all, Agree, that analysis looks about right. I look...
-
- There are more pages in this discussion • 454 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.32 |
Change
0.140(1.95%) |
Mkt cap ! $11.44B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.40 | $7.22 | $50.12M | 6.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2224 | $7.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.33 | 3025 | 2 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| QAN (ASX) Chart |