also,
low volumes again today - waiting for the dow to take our hand and waltz us around again?
I think so much WOW has changed hands over the last week that all the new buyers aren't keen to get out - like me they haven't got big losses already and like me they might just buy more.
presumably most sellers will have taken a loss or break even due to WOW being at 2008 prices , so they'll be hoping it goes to $23 when they'll get back in to try to recoup. all in all I don't think there is a great danger of it going under $23 without some major influence.
I'm actually considering buying some WMT on the NYSE if the bear market continues for 6 months and the AU$ acheives parity as 'predicted'. Similar stats and situation to Woolworths, also priced cheaply (though not as cheap) - good PE, PEG, P/CF, PS ratios. WOW's P/S is also very good incidently. If the AU$ is at 1:1 and WMT is in the $45-50 range it might be a good buy?
wow chart, page-15
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Last
$33.01 |
Change
0.010(0.03%) |
Mkt cap ! $40.31B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.15 | $32.92 | $2.568M | 77.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 562 | $33.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.02 | 552 | 4 |
View Market Depth
| Last trade - 10.23am 15/10/2024 (20 minute delay) ? |
| WOW (ASX) Chart |