You missed the point. If it traded below $3.50 right now, I wouldn't buy it. Not for a company with very little IP and huge negative cashflows.
It's not just about price, especially not when they have very little assets of value if the company gets wound up. Not saying that will happen here, though it's possible.
Shorts are increasing on AVH, page-173
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Last
$2.76 |
Change
0.130(4.94%) |
Mkt cap ! $187.9M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.77 | $2.66 | $1.044M | 382.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 980 | $2.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 10173 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |