The way the chart is looking, this could run all the way down to $7. Short sellers realy can influence the share price and undervalue stock considerably.
For the long term investor, great value - but there may be a long patient wait.
Some good news about new investments to boost future earnings (given the Mobil deal fell through) or a dividend will get this stock back on track.
target $8.40, page-6
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Last
$28.70 |
Change
-0.250(0.86%) |
Mkt cap ! $6.824B | |||
| Open | High | Low | Value | Volume |
| $28.58 | $28.84 | $28.56 | $11.37M | 396.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 796 | $28.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.71 | 794 | 19 |
View Market Depth
| Last trade - 12.19pm 05/09/2024 (20 minute delay) ? |
| ALD (ASX) Chart |