Took a look at the all ords post my above post - getting hammered.
Most likely profit taking on the strong rise - still a strong buy like you said I reckon. But it's been exacerbated as I'm sure there are foreign investors ripping equity money out with the $AUD fall - this will probably continue so we might see alot of equities, maybe even cochlear, hit further lows. Might be a good time to pick up ala-buffet style as you'd think the smart money will look to re-enter once the AUD settles at a lower exchange rate.
AT the moment i'm sure they're lookign to get out while the exchange rate is still holding up. Hopefully they're back.
News: Cochlear sales slow , page-16
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Last
$300.80 |
Change
-5.690(1.86%) |
Mkt cap ! $19.70B | |||
| Open | High | Low | Value | Volume |
| $306.36 | $307.01 | $300.80 | $47.79M | 158.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 849 | $300.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $301.00 | 50 | 1 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| COH (ASX) Chart |