Stew101 AAC is bit of a favourite for algo trading - have followed it closely last few years and seen this kind of strange trading from time to time.
Check last time traded up to $1.60 odd, then got barrelled back down to $1.20 or so (v similiar pattern to current trading). Suspect we'll see similar kind of aggressive rally on other side of this inexplicable downpush in coming weeks.
Try not to get caught up in ttading "noise" - fundamentals of AAC have all improved in past 12 months, herd building, branded premium sales going well and processing abbatoir great long term idea to reduce dependence on volatile live export market.
Hold tight - quite certain we'll see healthy rebound in coming 2 months.
AAC, page-2
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 (20min delay)
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Last
$1.38 |
Change
-0.020(1.43%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $290.7K | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82812 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2730 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
