"The always something factor" kicks in again.
China market shaking down world markets.
ASX likely to slump as fear and panic takes on.
Heavily leveraged investors to continue the market slide during the week.
Anvil will fall along with all the others.
This could be the 15% slump predicted and almost expected as Australian shares have pushed valuation limits.
As always smart investors will buy up quality stocks -which will fall back with the overall market - at bargain prices.
Anvil will be one of those quality stocks.
In all a healthy correction is on the cards.
Based on rumour and panic.
And perhaps some "over exuberance" in markets lately.
Providing the rumours and panic don't lead to a world economic slow down (unlikely) and that demand for copper (hence price) remains stable Anvil should ride the storm reasonably well.
A weeks holiday - or looooooong snooze - would be the way for Anvil holders.
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $3.538M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $2.574K | 120K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 180530 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 134037 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 180530 | 0.021 |
3 | 266925 | 0.020 |
1 | 52630 | 0.019 |
1 | 166666 | 0.018 |
1 | 40000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 134037 | 3 |
0.026 | 406643 | 2 |
0.027 | 150750 | 2 |
0.029 | 92770 | 2 |
0.030 | 271128 | 3 |
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