Charted on a log scale, XRF’s share price history lends itself to a pretty simple trend analysis.
Arguably the most important parameter is its overall +60% average annual capital growth rate, demonstrated by the trend channel established over the last six years. This aligns with fundamental growth in the business over that period.
That growth rate (+ franked dividend), while price remains above the lower limit of the channel, justifies a Hold without need for any trading concerns IMO. If it approaches the upper limit though, any breach of a medium-term trendline may require some thought. Breach of the lower limit of course would require a more serious decision.
Currently the SP appears to be nicely positioned relative to its historical long-term and medium-term movements.
XRF Charts, page-41
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Last
$1.77 |
Change
0.085(5.06%) |
Mkt cap ! $247.8M |
Open | High | Low | Value | Volume |
$1.69 | $1.78 | $1.69 | $558.3K | 321.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7210 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7210 | 1.765 |
2 | 2717 | 1.760 |
1 | 2 | 1.755 |
2 | 2844 | 1.740 |
1 | 10000 | 1.735 |
Price($) | Vol. | No. |
---|---|---|
1.780 | 8000 | 1 |
1.790 | 3000 | 1 |
1.800 | 3775 | 2 |
1.810 | 4000 | 1 |
1.820 | 570 | 1 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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XRF (ASX) Chart |
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AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
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