AWB - AWB Limited

[Boggo]

Looks like it may get a bit of upside.

This came up in my scans this morning.

The agricultural sector seems to be in demand, world shortages and and rising prices.

 

[dmagnus]

put in a bit at 91c... have not looked back =)

seems to be regaining alot of lost ground, BKN-esque

FCL too =) all smiles here

 

[vitala]

Still anyone holding AWB atm?
unfortunately, i got some AWB in a high value, now 20% straight loss atm.

AWB has a consecutive 5-6 days drop desipte a little rally in the mid week.

Do u guys reckon theres future for this stock or i should cut loss at this volatile period?

 

[vitala]

Seems like no one is holding this sloppy stock in these days.

After today's rally in go back down again now. So upset that i didnt take my time to sell some of the shares out in the morning

 

[nunthewiser]

FWIW.

I have taken a position recently in this based on a technical basis only.

Normal traders may want to wait until it breaks major resistance and pops the triangle.

Abnormal traders may like to sit in the triangle and use a nicer low%loss on stoploss points.

take it as a ramp , take it as an observation, either way maybe worth a watch.

 

[madmax_76]

Given the recent merger with GrainCorp, rise in wheat prices due to drought elsewhere in the world I could speculate some positive reaction.......here's hoping it maintains positive momentum.

 

[noie]

No Comments on todays news, did anyone see this int he pipeline?

SP up 29.680% at todays closer after a $1.2B takeover bid