Lex,
the AHZ SP has been stuck in patterns and its frustrating for day traders and short traders. They want the 4c up or 4c down move, this is the psychology of the stock market most days anyway. Its always up and down every day just be glad ours is going iup unlike the IO stocks like FMG AGO BCI etc.
Biotech in OZ is highly undervalued fullstop. canada & asia cardiocell approvals will boost sales dramatically. With this SP action, someone knows something and is flushing the offerees asleep at the low branches of the tree, if you were an active trader you would whip your offers higher quick smart. Classic accumulation strategy by a big fish to me. Maybe Citibank or JP Morgan who are top 20 holders in FMG topping up from more demand moving out of IO stocks into biotech.
CLIMB monkey CLIMB , get above that whipsaw!
4c spike looks like right now. 13-17c we will see soon. Time for AHZ to act like a penny dreadful hit with fast larger volume buying instead of that dreary blue chip step spike graph. positive news looks like.
Lex, the AHZ SP has been stuck in patterns and its frustrating...
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Last
$17.91 |
Change
-0.090(0.50%) |
Mkt cap ! $344.2M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.10 | $17.75 | $74.32K | 4.151K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 681 | $17.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.25 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |