Anyone follow this stock?? gee its looking very tempting at the moment. I don't know anything about its business so I have no understanding of how a lower DOW would impact upon its business. However I note that most broker valuations are around the $2.80-$3.00 area with 10 cents per share in dividends annually.
The stock has been hammered in the last month coming off from around $3.10 to $2.43. it could even get cheaper tommorrow in which case i'm buying some. Hopefully around the mid $2.20 range.
You would have to think that there must be a trade in it at these prices or am I wrong? Any ideas?
cheers...........skippa
AXA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
