TO = Take over
Rail assets/engineering experience useful for UGL plus underpriced stock? Share price has gone from $9.50 to $3.50.
Very interested and tempted to get in today. Nearly in at 3.65 today kept bouncing against it several times this arvo.
Classic morning star reversal pattern but there was no follow through on morning star reversal on 22/6-24/6. Volume also was lower today (5.4m) than on the preceding days) so might wait for confirmation and play it safe.
update on reliance, page-16
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Last
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
