Consider the possibility that the board does not think the price is cheap. The basis of charting is the pricing in of information in the trend. This reinforces that those informed do not think it is cheap.
Also consider the possibility that when they eventually announce their strategy in August, it can go three ways in terms of perceived impact on value.....driving it
up,
nowhere or
down.
So in a month or two there is downside risk. Why would a board say there is only upside now?
Watch for the resetting of Ferrari’s incentives. This will tell us a fair bit.
- Forums
- ASX - By Stock
- Share price by Xmas 2019
Consider the possibility that the board does not think the price...
-
- There are more pages in this discussion • 132 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 AMP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.08 |
Change
0.020(1.89%) |
Mkt cap ! $2.834B |
Open | High | Low | Value | Volume |
$1.06 | $1.08 | $1.06 | $25.50M | 23.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 139193 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.08 | 37879 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 72017 | 1.075 |
3 | 37619 | 1.070 |
1 | 32017 | 1.065 |
3 | 42417 | 1.060 |
6 | 82917 | 1.055 |
Price($) | Vol. | No. |
---|---|---|
1.085 | 426388 | 15 |
1.090 | 628662 | 19 |
1.095 | 319263 | 13 |
1.100 | 770341 | 62 |
1.105 | 140533 | 8 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
AMP (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online