APA 0.55% $7.22 apa group

Did some investors/ traders expect more divi and therefore the...

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  1. 12,929 Posts.
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    Did some investors/ traders expect more divi and therefore the fall in APA’s SP?

    The fall in APA’s SP was rather sudden and unexpected as with POO motoring along it seemed out of sync with fundamentals IMHO.

    But perhaps the Queensland election result coming through, has caused a bit of a fall, however ORG and SXY are up and I would have expected them to fall a little bit in the ST at least before recovering.

    Expecting APA to recover but the technicals of this fall look unpromising as it has lasted a bit too long for the Chaikin Oscillator’s liking but pls DYODD.
    Last edited by JCoure: 13/12/17
 
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