"Whatever is happening we have a situation of prolonged inflation and interest rates no longer rising. I have read countless times that the sort of inflation we had post covid and Russia-Ukraine, that level of inflation, has historically never been resolved without a recession."
Maybe the Fraser govt was an anomaly then when it took over in 1978 from the Whitlam govt that was in both recession and had inflation out of control ,
The Fraser govt got us out of the recession and we did quite well on the farm at least until we had the drought in 1983 .
Hard to predict the future , personally all this talk about the POG I find a bit irrelevant given we are at least a year away from mining , yes good that gold is in Contango but it is normally in contango when looking long term , and given it is likely we will be a high margin producer , POG is not so relevant to SPR
"Whatever is happening we have a situation of prolonged...
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Last
75.0¢ |
Change
0.010(1.35%) |
Mkt cap ! $828.4M | |||
| Open | High | Low | Value | Volume |
| 74.5¢ | 75.5¢ | 72.5¢ | $1.856M | 2.515M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 83364 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 120000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
75.0¢ |
Change
0.010 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| 74.0¢ | 75.5¢ | 73.0¢ | 559464 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| SPR (ASX) Chart |