AYN alcyone resources ltd

oversold??

  1. 32 Posts.
    Not withstanding the recent liquidity problems I tend to think AYN is oversold. AYN isn't unique amongst the PM resource stocks. All to some extent or other are struggling with PM prices, negative sentiment and a powerful attempt to keep PM's surpressed.



    Compared to the S&P/ASX All Ordinaries Gold Index (XGD)AYN has diverged considerably and appears substantially oversold. The SP would have to be extremely good value.
 
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Currently unlisted public company.

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