Company - Australain Stock Exchange - Research Paper Example

In April and May, the share price has a general decline trend with slight increases. For the month of June, the share price is initially stable, declines and then starts rising. In July, it declines, becomes stable and then starts rising. Between August and November, the share price steadily declines, and rises, stabilizes, then declines and finally stabilizes in November. In December, there is a steady decline in share price with little stability towards the end of the month and starts rising in January 2012, then stabilizes till almost the end of February when it starts declining, stabilizes a bit, then undergoes a steady decline in March 2012.

Therefore, the general trend in the share price for the last twelve months has been volatile. The ASX General Index has mainly been unstable. There is a general decline in the share index with slight increases between March and May 2011.From May, the share index rises with slight declines. It stabilizes a bit at the beginning of June, and then undergoes a steady decline. In July, it rises and declines steadily. In August, there is a steady decline till the minimum share index, then it rises and undergoes an unsteady decline and rise till March 2012.

Therefore, the share index has been volatile for the last twelve months. The AYI share index has generally performed better compared to the ASX General Index. As the ASX General Index declines, the AYI share index also declines, especially between the months of March and May, and as the ASX General Index rises, the AYI share index also rises, at times even higher than the General Index, especially between May and August (ASX.com). The company’s last announcement to the public was made on 1st March 2012 and it was titled `The Competent Person’s Statement.

” The announcement was significant because it is a requirement by the ASX as part of the listing rules.