It certainly will be closer to $3 before it will $5 wayward, though given it's already closer to $3 than $5 that's not a long bow to draw!
In term of the shorter term - it's really hard to tell. If you take out the 22c-ish drop and spike down ex-dividend (15.5c plus franking credit) it's been going nowhere since the divi cut announcement trading roughly at the same equivalent range of $3.65-$3.75 (equivalent ex-divi price) on very large volumes indicating both quite a bit of selling pressure but also a lot more buyer support than there's been for quite a while. There has been a long-term down-trend though the support we're now seeing may be indicating a bottoming out. My feeling is that a recovery towards, perhaps reaching, $4.00 is likely over the next several months then plateauing for a while.
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Last
$3.75 |
Change
0.095(2.60%) |
Mkt cap ! $43.56B |
Open | High | Low | Value | Volume |
$3.73 | $3.78 | $3.71 | $91.84M | 24.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 306692 | $4.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.48 | 1684 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15183 | 4.110 |
1 | 263199 | 4.080 |
2 | 338437 | 4.070 |
3 | 324288 | 4.040 |
1 | 11316 | 4.000 |
Price($) | Vol. | No. |
---|---|---|
3.450 | 303453 | 4 |
3.480 | 1684 | 1 |
3.550 | 229567 | 15 |
3.560 | 72488 | 14 |
3.630 | 343651 | 7 |
Last trade - 15.59pm 09/07/2024 (20 minute delay) ? |
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