Well let's say your suggested 7.50 is it. It made it today! The share price has been steaming downhill for near 5 years from 26.65 so it will consolidate before convincingly steam upward which means go sideways or have a few ups and downs before the market has shaken itself out. At the moment the sellers are winning and first need a buy/sell balance established to shake off the sellers. Pointless grizzling about the sellers - they are allowed to. There are very very few people who can pick a bottom and most who claim they can are only guessing, a lot more can recognise a bottoming pattern though - as the bulls and bears argue. Don't forget "undevalued " and "oversold" are only indicators.
Some advice to AGL shareholders, page-77
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Last
$11.98 |
Change
-0.110(0.91%) |
Mkt cap ! $8.059B | |||
| Open | High | Low | Value | Volume |
| $12.10 | $12.10 | $11.88 | $20.53M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $11.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.98 | 13553 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AGL (ASX) Chart |