In technical terms, the SP of AIZ bounced back from 80c to over $1.3 without tangible improvements in the airline sector. The speculators may harvest their gains at the moment.
In fundamental terms, if we look around, US is resuming normal social life at the moment despite the fact the shock is not over. There are such discussions on 2nd shock which may hit the airline sector hard again.
The symbolic meaning of resuming a few flights cannot be over-interpreted by the call of time to buy.
Time to buy, page-162
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Last
48.0¢ |
Change
-0.008(1.54%) |
Mkt cap ! $1.616B | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.0¢ | $142.1K | 293.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 1139798 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AIZ (ASX) Chart |