How is anyone in their right mind confidently talking about support and resistance on this stock. Its never been lower. There is no gauge for support. Its all freefall. Which means the panic sets in unencumbered. Remember how much they paid for Landmark? That's right $800M. Someone could buy the whole company now for less than $300M now. Watch the short squeeze if the ban on short selling for financials continues and AWB is included. Remember, they are a second tier lender AND the executive have been petitioning ASIC and ASX on this.
AWB Price at posting:
63.5¢ Sentiment: None Disclosure: Held