Yes however you cut the Torrens cake AIS looks undervalued. The only risk is AIS is much more exposed to the copper price than ARE. I am bullish long term with copper, but if the USA and China get into a trade war then the bottom could fall out of the copper price in the short to medium term (the bear scenario).
AIS Broker Research, page-10
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $213.4K | 1.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24856 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 106134 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |
