Yesterday's spike was a clear blowout ... but what it has done is clear the decks, and bring the stock to many people's attention.
I held what I originally bought, and now have added some more to lower my average to 8 cents .. happy with that. Just looking at the chart, if we remove yesterday's spike, the chart still looks fantastic, with a rounded bottom, a handle formed, and a clear up-trend in place.
Regardless of the blow off yesterday it looks technically good IMO. It has very few shares on issue, and has some very good tenements. I agree with John, it was cheap at 6 cents, and still looks cheap at 7 to 8 cents.
The lack of cash might be an issue to some, but if the company raises it carefully, then it can even turn out a plus. We know AIV can move in a heartbeat, so it will be interesting to see what management can do with it!
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potash , page-89
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.293M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 188234 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 294206 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 544 | 1 |
0.200 | 602528 | 4 |
0.265 | 18867 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
AIV (ASX) Chart |
Day chart unavailable