I think the SP downtrend has been a result of a number of factors. The general apathy of those in the market without any long term foresight. Possibly brought on by the annoying Bot activity . The GFC ..trying to identify a safe place for cash. The resignation of Evan Cranston. The uncertainty of doing business in Africa... mining strikes, even leading to deaths, especially in the platinum industry. The ever changing playing fields in the oil industry regarding governments wanting a continually larger slice of the pie. In my opinion these scenarios that have dragged the price down. Fundamentals haven't changed, remember why you got into the stock in the first place. Only thing that has changed is that it has gone from the mid draw to the bottom draw. Buy more..average down and it immediately comes back out of the bottom draw.....Tim.
AMX Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
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