Well I have lost big loot since the unrealistic high of $173, however I feel more comfortable at the $135 range which is what I feel it should trade in for another 3 to 4 months.
Yes, the growth was growing at a faster rate but they are still growing. Current prices are fair to cheap but we do need to see the management squirm out an excuse. The next quarter is usually less productive than oct-dec. calculations assuming annual inflows of $400M still makes for a good buy. Losing $200M potential inflow is a forfeit of about $1.2M profit. Pressure is on for next quarter to show inflows are stabilising or rebounding. Management are likely to be forgiven if they pull a rabbit out of the hat with some solid institutional customers.
Been an interesting journey since I started investing way back in 2008. Been witness to others holding very suspect stocks on this forum (a well known concrete company) and I conclude we are so lucky to holding AEF compared to others. We just need to keep the bast&$ds honest and ethical in the management ranks.
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Last
$4.85 |
Change
-0.070(1.42%) |
Mkt cap ! $483.8M |
Open | High | Low | Value | Volume |
$4.97 | $4.97 | $4.84 | $643.8K | 131.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1490 | $4.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.91 | 490 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3054 | 2.360 |
2 | 321 | 2.340 |
1 | 370 | 2.290 |
2 | 5353 | 2.260 |
1 | 9000 | 2.250 |
Price($) | Vol. | No. |
---|---|---|
2.380 | 8849 | 3 |
2.390 | 8260 | 1 |
2.400 | 4200 | 2 |
2.460 | 280 | 1 |
2.500 | 1500 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
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AEF (ASX) Chart |