I wouldn't be so sure. I could be wrong, but from memory they used something much closer to the average price they got in previous announcements so I wouldn't think it would be 6%. maybe 2-3%, but at these early stages. regardless of the figure, I would- and the instos will - be more concerned with growth on a consistent currency basis given the majority of apx's value is well into the future.
I wouldn't be too concerned with the drop on Friday - I think it was simply a case of misinterpreting the words in the release, and then hitting stop losses. if I want already heavily overweight apx within my own portfolio, I would be taking this as an opportunity to buy more on the basis this is a 5%+ overreaction. if it drops further Monday (which I think it could given the nasdaq) back to even anything close to the recent cr price, I might have to take more anyway.
also- the 370830 guy or whatever his name is doesn't understand what he is talking about, I have seen him a number of times on here and he simply does not understand what he is saying.
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$2.01 |
Change
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Mkt cap ! $508.3M |
Open | High | Low | Value | Volume |
$2.02 | $2.04 | $1.94 | $11.97M | 6.024M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18754 | $2.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.02 | 49442 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18754 | 2.010 |
1 | 1212 | 2.000 |
1 | 10000 | 1.990 |
5 | 178600 | 1.980 |
4 | 175134 | 1.975 |
Price($) | Vol. | No. |
---|---|---|
2.020 | 49442 | 1 |
2.030 | 122190 | 7 |
2.040 | 95348 | 9 |
2.050 | 75916 | 8 |
2.060 | 39387 | 11 |
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