Gaps in price filled quickly, it's now lining up for the next big down push in share price, this should see price continue to fall till mid march. The share price should sit at the level it finished off in March awaiting for the next lot of movement which I will again predict to the market once I've had a look through what the company is doing next. My initial prediction was low 90c but I then revised target down to low 80c possibly even high 70c range.
With trump tearing up the trade agreement for the pacific nations and with so much uncertainty, the market should over time ( few months) begin to realise the impact this will have on local business, international business and national markets as a whole. This no doubt will see a major decline in markets to which hopefull in mid march the other nations on the agreement can salvage a deal of some sort and continue the agreement amongst themselfs without the participation of the USA.
If you own a ford, since the manufacturing closures of factories in Australia, now would be the time to sell your car prior to import taxes hitting the parts shipped from the USA
Again I will continue to hold the small portion of shares I did not off load prior to my down turn prediction just in case I am wrong in share price crash.
Do your own research, don't listen to what I say, good luck to all holders.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 22344 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 58112 | 1.675 |
7 | 385906 | 1.670 |
9 | 682264 | 1.665 |
11 | 514339 | 1.660 |
3 | 92052 | 1.655 |
Price($) | Vol. | No. |
---|---|---|
1.685 | 603176 | 14 |
1.690 | 158294 | 11 |
1.695 | 146441 | 3 |
1.700 | 210874 | 12 |
1.705 | 111474 | 5 |
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