Not really sure about the theories of who is buying and selling and their reasons, but i will add that infrastructure investments perform better in downturns than most other sectors, like retail, banking etc.
The Wealth sale appears to be on-time, give or take, so the question is what does a cashed up investment behemoth (in Oz terms) set their sights on next?
I am bullish to about $2 in the short-term, but after that i think the next market movements will be dictated to by the U.S. election and their winter, coincidentally both are happening at the same time.
Not really sure about the theories of who is buying and selling...
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Last
$1.07 |
Change
-0.010(0.93%) |
Mkt cap ! $2.867B | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.09 | $1.06 | $11.65M | 10.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57831 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 9368 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.010 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $1.08 | $1.08 | $1.06 | 1926509 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| AMP (ASX) Chart |