mak has defended well against both crashes, Jan and July.
MAK, fertiliser, RP, perhaps moreso now, in light of other comodities coming off, will be seen as the one stock to keep.
No long termer with tax appreciations will dump their MAK,
There will be traders, and even margin calls that may force some to sell, and others hoping to get back in lower.
Thats fine for traders, as they generally dont operate for 12m CGTR.
But maybe by now, they will be picking up that they are only competing with each other, and the margin calls, as very few longs will sell off the one asset in their portfolios capable of surviving the storm.
And, that all comes back to the comodity. RP.
And for MAK, the market is aware, the low capex, implies max divs.
I may be a mule, and i'll hold. But when the firestorm is over, i may be covered in debree of all the other stocks, but MAK will still be standing.
Cheers
- Forums
- ASX - By Stock
- AEV
- place your bets
place your bets, page-9
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AEV (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.002(40.0%) |
Mkt cap ! $16.44M |
Open | High | Low | Value | Volume |
0.5¢ | 0.7¢ | 0.5¢ | $108.8K | 18.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1010000 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 4765243 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1010000 | 0.006 |
8 | 10758331 | 0.005 |
23 | 22043641 | 0.004 |
14 | 7290252 | 0.003 |
4 | 3175000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 4765243 | 9 |
0.008 | 5064760 | 8 |
0.009 | 1750892 | 4 |
0.010 | 1276252 | 4 |
0.014 | 845909 | 2 |
Last trade - 13.53pm 23/07/2024 (20 minute delay) ? |
Featured News
AEV (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online