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AXA $6.42

AXA Looking cheap???

  1. skippa

    1,136 posts.
    Anyone follow this stock?? gee its looking very tempting at the moment. I don't know anything about its business so I have no understanding of how a lower DOW would impact upon its business. However I note that most broker valuations are around the $2.80-$3.00 area with 10 cents per share in dividends annually.

    The stock has been hammered in the last month coming off from around $3.10 to $2.43. it could even get cheaper tommorrow in which case i'm buying some. Hopefully around the mid $2.20 range.

    You would have to think that there must be a trade in it at these prices or am I wrong? Any ideas?

    cheers...........skippa

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