sorry everyone.. I though i was in EVN forum. I am a holder in ASB. What a day. Had to scramble to cancel stop losses. Almost sold out at $1.40! A massacre indeed. But completely panic and short driven. I am confident a day or two we will see this easily back up around $2. Great company with solid booking sheet till 2020. In 6 months this day will be a distant memory. But definitely was challenging to decide what to do pre-open, especially if you have a generous position. This will be sport for the short sellers until they realise that ASB buyers are serious investors with long term focus. Fun will run dry and short term selling will dry up too.
Once the Dow fixes up ASB will forge ahead again. After the 14th December[after Fed hike] I expect large positive movement.
My 2 cents worth.
Ann: US Shipbuilding Progress Update, page-21
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Last
$3.19 |
Change
0.030(0.95%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.19 | $3.10 | $2.772M | 880.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1185 | $3.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
