"I would not be inclined to buy ARG at the moment and here is why.
Since ARG has less volatility than other shares, if you assume for a moment we are at a market bottom, then it probably has less potential upside than other major shares"
Michinyon, as you stated, your lack of inclination to invest in ARG at present is based on the assumption that the market has bottomed. I'm not sure how many people out there would be convinced that this assumption is valid, but I wouldn't be surprised if this market goes somewhat lower before it starts to recover. I maintain therefore that ARG is an excellent company to invest in at present, provided you're willing to be a "forever investor" (and can stomach another downturn in the short-term).
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Last
$9.14 |
Change
-0.070(0.76%) |
Mkt cap ! $6.815B |
Open | High | Low | Value | Volume |
$9.18 | $9.18 | $9.12 | $3.176M | 347.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9054 | $9.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.17 | 6063 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 432 | 7.630 |
4 | 6421 | 7.620 |
10 | 28630 | 7.610 |
55 | 111350 | 7.600 |
5 | 2007 | 7.590 |
Price($) | Vol. | No. |
---|---|---|
7.650 | 16007 | 6 |
7.660 | 2220 | 4 |
7.670 | 3205 | 2 |
7.680 | 37046 | 4 |
7.690 | 2000 | 1 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
ARG (ASX) Chart |