I’d argue it’s probably US bond rates coupled with the takeover.
Bond rates rising, this is a semi bond proxy stock with defensive earnings (yes yes we’ve had growth via acquisitions and falling USD).
Also input pressures probably having an impact or at least perceived.
Just a long term hold for me. I picked up 2,000 more pre dividend around $14.
I’d argue it’s probably US bond rates coupled with the takeover....
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Last
$16.42 |
Change
0.180(1.11%) |
Mkt cap ! $9.951B | |||
| Open | High | Low | Value | Volume |
| $16.36 | $16.51 | $16.36 | $17.72M | 1.078M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 34246 | $16.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.45 | 1080 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMC (ASX) Chart |