Without disagreeing with anything you say, I do think that there is a significant risk of a fairly prolonged downturn in the AOrds. The index tends to go up with money supply and inflation, but with the government likely to scale down JobKeeper/JobSeeker in September, and with taxes more likely to go up than down (??) and immigration taking a dive (??), there could well be a contraction in money supply. And that could put a hole in the AOrds. Just my thoughts, and I would be very happy to be wrong.
BPT Tea leaves analysis, page-560
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Last
$1.69 |
Change
-0.025(1.46%) |
Mkt cap ! $3.855B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.74 | $1.69 | $9.512M | 5.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22675 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 21401 | 1 |
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| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.69 |
Change
-0.025 ( 2.02 %) |
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| Open | High | Low | Volume | ||
| $1.74 | $1.74 | $1.69 | 1436723 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| BPT (ASX) Chart |