He's just going the opposite of the people who are pointlessly in love with the stock despite how the broader market isn't that interested in it any more.
His figures are a bit off though IMO, $1.60 is pretty clear support. If it does drift below that then yes $1.30's are happening.
I wouldn't say I'd call it a buy now, since it's probably just going to dawdle up and down by a few cents.
creeping up to 1.70s?, page-58
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Last
$4.92 |
Change
-0.360(6.82%) |
Mkt cap ! $3.562B | |||
| Open | High | Low | Value | Volume |
| $5.30 | $5.30 | $4.89 | $27.96M | 5.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 714 | $4.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 10183 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |