I agree that the fall in AEF shares seems to be overdone, but it is not of time of rational share movements. Neo's point is good, but it could also be that some holder needs funds to cover a problem elsewhere, as margin calls will start to bite.
And for what it is worth, as of this morning I'm calling this a "crash", Correction is over.
Officially, not so, of course, still a correction.
Time to top up?, page-203
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 (20min delay)
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Last
$3.80 |
Change
-0.150(3.80%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.00 | $3.79 | $577.0K | 149.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 496 | $3.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 9378 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| AEF (ASX) Chart |