M put out a buy on this with a target price of $12.15.
Why the increase in volume?
This is because Asciano (whome Macquarie advised) are selling their stake in BXB. There is a book build at $10. So people who are buying through this are dumping.
Fundamentally this has a high PE - around 25. Technically it has shown good signs of another leg up.
But be very careful. Macq will dump at $12.15. So might as well wait and go short at this level if this stock ever gets there.
With the US dollar on the decline holidng this stock is high risk
M put out a buy on this with a target price of $12.15.Why the...
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Last
$25.33 |
Change
-0.110(0.43%) |
Mkt cap ! $34.62B | |||
| Open | High | Low | Value | Volume |
| $25.40 | $25.56 | $25.31 | $79.47M | 3.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70 | $25.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.40 | 33 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| BXB (ASX) Chart |