In any event of time, APA has been going well of late regardless of the ENV acquisition.
The Vertigan inquiry which could not have been envisaged was undoubtedly a positive and the only resistance in the trading has been at the $9 or 900 cents level.
Being midstream, it misses the obvious rises of the upstream players like ORG, STO, WPL, BHP and SXY which have been IMHO oversold to nigh diabolical levels and the downstream players like AGL, ORG and Chinese Light & Power (EnergyAustralia).
DUE got picked up because it was smaller than APA IMHO.
So the question is what next for APA?
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Last
$7.97 |
Change
0.060(0.76%) |
Mkt cap ! $10.22B | |||
| Open | High | Low | Value | Volume |
| $7.91 | $8.03 | $7.91 | $8.496M | 1.066M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 20941 | $7.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.97 | 3413 | 16 |
View Market Depth
| Last trade - 14.04pm 15/08/2024 (20 minute delay) ? |
| APA (ASX) Chart |