The rises over the last month or so would be influenced by the "dividend chasers" returning to the markets. I thought that shareholders chasing dividends after the last interest reate drop would have immediately started to buy what I call the second stringers eg those stocks with pretty good fundamentals paying good dividends and posessing a more than reasonable chance of some capital growth. It took a bit longer than I thought it would because "advisers" have still been sprouting the 4 major banks, telstra, wesfarmers etc but in the last month or so there have been lots of the second stringers charging on eg MTS, TOL, BEN, TAH to name just a few. I bought all these a few months ago and I'm starting to have a nice little ride on them all capital growth wise and the divs will all be good and 100% franked makes them even better. I expect there to be a reasonable run in the market whilst interest rates remain low forcing anyone with money to invest/or live on back into the maket especially with not a lot of bad news/less risk happening. Probably a few stops and starts coming up to June but I see a big rise in our market after June when we go from 9% to 12 % into super - that extra 3 % will be a lot of dollars they will be investing in the market especially the top 200 players. Just my opinion guys and happy to be told I'm wrong.
Warren
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Last
$3.68 |
Change
-0.020(0.54%) |
Mkt cap ! $4.016B |
Open | High | Low | Value | Volume |
$3.70 | $3.72 | $3.67 | $12.66M | 3.434M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 154451 | $3.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.69 | 1984 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 10836 | 3.680 |
11 | 131716 | 3.670 |
5 | 219713 | 3.660 |
16 | 39736 | 3.650 |
1 | 4798 | 3.640 |
Price($) | Vol. | No. |
---|---|---|
3.720 | 57216 | 5 |
3.730 | 35798 | 3 |
3.740 | 23087 | 4 |
3.750 | 35921 | 10 |
3.760 | 16436 | 4 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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