Buying falling knife is always difficult because you don't know where the bottom is. The drop from $1.75 to around 57 cents is huge due to insto selling. The stock has been sprayed to punters who are now also losers & may now want to trade out. If current fundamentals is only going to see about a 1/3 drop on EBIT in the coming year TTN looks to be oversold. Taken a position but these games are dangerous because it can just as easily be lower tommorrow. Also the possibility of a sizeable bounce in the market if it can settle.
Please DYOR on this stock as no advice given.
Regards
Buffett
Overdone
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.828M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 45896723 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16752826 | 12 |
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| Last trade - 16.12pm 03/07/2024 (20 minute delay) ? |
| AUK (ASX) Chart |
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