Chicken,
I don't think the volume is at all high, as you have suggested. I agree that some parts of the market have looked at the results now and have been a little disappointed, but the business fundamentals, in particular the novacostra business segment has enormous potential for growth. In fact, it has already started to happen.
If it can hold the 50 week EMA of around $1.10 then the uptrend will be intact, IMO.
Either way, the EPS growth going forward will mean the SP will rise progressively in the future.
My thoughts only. I hold
Chicken,I don't think the volume is at all high, as you have...
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Last
$6.82 |
Change
0.010(0.15%) |
Mkt cap ! $896.2M | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.88 | $6.68 | $278.6K | 41.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $6.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.94 | 172 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| VSL (ASX) Chart |