Not unexpected to see AHZ back off after such a massive increase on Monday. Seems to have support in the mid 40s.
If nothing else yesterdays action put AHZ back on the radar of Institutional investors; created a rewarding research effort on behalf of those unfamiliar with such a great FA story and caused celebratory wine and beer sales to rise dramatically in the evening benefitting the Australian economy.
Bearing in mind what is rumoured to be an excellent 4c and the HSV results are due any day, I wouldnt be surprised to see it green tomorrow and a gradual rise into those announcements.
The 4c will surely show we are getting close to being cash flow positive and the vax results ...well...Im sure they are between warm and scorching hot. Enough to propel the SP back to levels some of us LT holders fondly remember.
Fox
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Not unexpected to see AHZ back off after such a massive increase...
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