Hello Saragian always nice to see your ordered and precise geometrical take on things
.....although the way you put it tomorrow’s convergence sounds like it has potential to be a a negative squeeze ?
This seems entirely possible considering the many stocks in the sector quietly ‘fainting away’ despite warm press reports about future civil infrastructure spending ( ASL lost 25% the other day on some bad news, Monadelphus is lower than last December ..we are back to last December prices and actually doing comparatively well compared to Maca and RCR Tomlinson who, last time I checked, were back at EOFY 2016 prices... Cimic is down more than 20% from last December. ...
The only one I saw going up is Downer .
It will be interesting to see what tomorrow brings
Chart Update, page-225
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.92 | $3.84 | $906.3K | 232.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 10542 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 6560 | 22 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| NWH (ASX) Chart |
