Have alot of good announcements giving some support to volume and share price, with possibly some funds adjusting their holdings prior to end of calendar year, also maybe some long term holders looking for exit with higher average buy in (1.95 for me).Plus alot of buyers in that 1.00 to 1.60 range thinking there is not much further upside so banking profits.
My only concern is if we have a large downward market correction, just not sure how market would treat ASB. You would think that with such a pipelije of work it may weather any downturn better than some stocks so may be a long hold in those circumstances.
ASB has become a solid performer and a stock I have tended to bottom drawer inrecent times.
Christopher
Have alot of good announcements giving some support to volume...
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Last
$3.15 |
Change
0.060(1.94%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.16 | $3.03 | $1.056M | 336.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2277 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 1249 | 4 |
View Market Depth
| Last trade - 10.18am 22/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
