The problem we have is if it breaks $1.25 as ausbil seem to be the large seller and the buyers know they don’t need to bid up then it will gap lower. See how it goes but really only takes one bad day or a continued spike in the Aud and the stock will fall further.
Ideally we need the ausbil line taken out and that’s the catalyst for a rally.
I’m still pushing the company to make an announcement re China distribution and potentially a strategic Chinese buyer taking a stake.
The problem we have is if it breaks $1.25 as ausbil seem to be...
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Last
$1.37 |
Change
0.000(0.00%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.36 | $273.7K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14687 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3299 | 6 |
View Market Depth
| Last trade - 14.32pm 26/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
