AAC 0.72% $1.38 australian agricultural company limited.

I think the negative sentiment in the market is having a big...

  1. 1,815 Posts.
    I think the negative sentiment in the market is having a big impact on any share price advancement. The only thing saving AAC from capitulation is there is strong support between this $1.20 to $1.30 which hopefully by the time the market finishes this panic selling in a month or two will form a solid base. I wonder who has been the buyer of all these share around this level apart from the directors? When you see all these computer generated trades going through you know they are bigger players involved here and hopefully it is good news.

    Also the Aussie dollar is working in AAC favour and agriculture is really the next big story after the mining boom has fallen over a cliff. They were even added to the ASX200 a few months ago... the only thing they need to do now is bring in the profits and re-instate the dividend and this will fly IMO.
 
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Last
$1.38
Change
-0.010(0.72%)
Mkt cap ! $852.9M
Open High Low Value Volume
$1.39 $1.40 $1.37 $269.6K 195.0K

Buyers (Bids)

No. Vol. Price($)
3 88550 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.39 9979 1
View Market Depth
Last trade - 16.10pm 03/12/2024 (20 minute delay) ?
AAC (ASX) Chart
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