Agreed..AWB made an all time low today and if it falls under $2.29 tomorrow I see the next stop for it being $1.30 ish
Everything else is rising in this market expect AWB its obivous they are in trouble but what front.
IS it the wheat hedging
Is it the lack of wheat it can sell
Is it one of the multitude of law suits
Is it the high aussie dollar
Is it because its on a p/e of 30 odd
there is so much bad news around this stock it makes me think if the market starts falling again this is going to get smashed
Has been huge sellers and little buyers...the big boys are getting out as they have to as its market cap sinks they cant hold as much in their portfolio
A bad night tonight and a break of $2.29 and AWB is in big trouble...its share price will really be in free fall
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