Read Charlie Aitken's newsletter today, he is increasingly 'cautious' on the market in general and began profit taking / selling down a lot of Southern Cross' positions on Friday and today. As many would know, Southern Cross has/had a large chunk of AKM with a good entry price. Wouldn't be surprised if a lot of the weakness is due to this.
I think we should see the share price back above the dollar mark by the end of the month.
recent weakness
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Last
33.0¢ |
Change
-0.020(5.71%) |
Mkt cap ! $167.5M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 32.0¢ | $192.7K | 567.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 85097 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AKM (ASX) Chart |