Thursdays Australian has ALL as a company that will continue to decline in earnings revenue.
Despite this, the company is a virtual monoploy and historically people generally turn to gambling and alcohol in times of depression. So it should be fitting that a "beer man" is put in as CEO of a gaming company.
ALL is a good long term hold and is well worth accumulating below $3.50 as when the market returns the dividends and capital gain will do nicley. However the consistancy in the range trades is far too regular to ignore. 7-12% swings over a period of a fortnight consistantly for the past 6 months.
Trade or accumulate ? At the moment, the former for me.
Thursdays Australian has ALL as a company that will continue to...
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 (20min delay)
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Last
$68.77 |
Change
0.580(0.85%) |
Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
| $68.35 | $69.16 | $68.35 | $30.64M | 445.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 493 | $68.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.78 | 577 | 9 |
View Market Depth
| Last trade - 14.00pm 03/12/2024 (20 minute delay) ? |
| ALL (ASX) Chart |
