Why do you think it will fall another 30-40% from here?
Basically trading conditions cannot get any worse, they only operate the bare minimum flights, they got all the govt support to stay alive during the lockdown period, they laid off staff and that's pretty much it.
I'm not saying there's significant upside in the short run, but according to a base case scenario air travel is going to start picking up slowly again from H2 2020 and hopefully AIZ will have increased market share with Virgin out of the game or having to re-launch.
Time to buy, page-4
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Last
49.5¢ |
Change
0.015(3.13%) |
Mkt cap ! $1.667B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 50.0¢ | 48.0¢ | $955.2K | 1.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36052 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 76834 | 2 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
49.5¢ |
Change
0.015 ( 3.58 %) |
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| Open | High | Low | Volume | ||
| 48.5¢ | 50.0¢ | 48.0¢ | 668252 | ||
| Last updated 15.47pm 08/05/2024 ? | |||||
| AIZ (ASX) Chart |