Afternoon Chel, unfortunately hindsight makes it pretty easy to predict the effects after dropping from the ASX 300.
But if taking a stab, I'd say the in the weeks either side of 1st March PAR will probably drop ~20% and hover around $1.00 for a while.
More seriously, honestly I've got no idea ... If I could predict what was going to happen with stock prices with any meaningful short-term accuracy I'd be wealthier than Bezos, and my portfolio certainly wouldn't be -20% in the last 2 months.
Personally, my gut-feel is that the recent downtrend is more due to momentum/sentiment ... rather than leaving the ASX 300.
If we'd just snuck into the 300 in December, hovered and then dropped out slightly due to the companies below us sneaking up ... I don't think we'd see any major step-change either up, or down with entry/removal.
Disclaimer: My predictions are probably wrong 50% of the time.
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $108.4M |
Open | High | Low | Value | Volume |
31.0¢ | 31.5¢ | 29.0¢ | $111.1K | 360.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 28190 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 16851 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 28190 | 0.295 |
5 | 86541 | 0.290 |
4 | 47143 | 0.285 |
4 | 112550 | 0.280 |
3 | 43709 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 16851 | 7 |
0.310 | 52855 | 4 |
0.315 | 20550 | 2 |
0.320 | 45539 | 3 |
0.325 | 60366 | 5 |
Last trade - 12.23pm 15/07/2024 (20 minute delay) ? |
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