In my opinion, the share price will not go much lower, because:
Passive funds selling should end soon: It has been a month now since HFA was dropped out of the ASX 300 index on 5 March.I would say the selling by passive funds should be close to an end.
Equity markets rally - The strong rally in equity markets seen in March should help bolster confidence in funds managers and put HFA in a position to earn performance fees;
USD appreciation: The sharp appreciation in USD against other currencies may also be a prelude that it may appreciate significantly against AUD in forseeable future.
In my opinion, the share price will not go much lower,...
-
- There are more pages in this discussion • 10 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 NGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
0.010(0.54%) |
Mkt cap ! $908.8M | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.86 | $1.83 | $483.7K | 262.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2078 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 2078 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NGI (ASX) Chart |