Regarding the price weakness, I've noticed it seems to have a higher beta than the US tech market, seems to swing widely as the US goes up and down, and it struggled on Friday last week. Beyond that, I think you are right, PXA still seems to swing based on LNK news. I wish they would sell their holding so PXA could move more freely on its own positive news (which, imo, has been very positive). I think the ACCC will struggle to approve D&D purchasing LNK whilst PXA is still held by them, too much centralised power in D&D.
All that being said, tempting to buy at today's price. Nice way to lower the buy price even more.
Regarding the price weakness, I've noticed it seems to have a...
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Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B | |||
| Open | High | Low | Value | Volume |
| $13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 965 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.89 | 800 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PXA (ASX) Chart |