“Parallel to the American railroad is the Chinese steam engine. It’s chugging alongside at full speed too, running on coal from Australian suppliers. The Chinese train is full of food service cars and merchandise cars for the American train. But it’s clearly on its own track, with Chinese customers and investors less and less concerned with the growth in American profit margins and waistlines.”
To make a long story short, we suggested that though the world economy will be buffeted by an American financial train wreck, China’s growth will ultimately be driven from within, by its own people consuming its own products. Australia has hitched its ride to China in this century. And to the extent that Australia is a China proxy for Western investors, we suspect the local share market will fall less and recover more quickly than the Dow.
- Forums
- ASX - By Stock
- ADY
- read the qtr carefully b4 jump to conclusions
read the qtr carefully b4 jump to conclusions, page-2
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADY (ASX) to my watchlist
|
|||||
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.55M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $10 | 800 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1270000 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 671937 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1270000 | 0.011 |
2 | 1100000 | 0.010 |
3 | 1091911 | 0.009 |
3 | 1062620 | 0.008 |
4 | 475102 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 671937 | 2 |
0.013 | 400000 | 2 |
0.014 | 343874 | 3 |
0.015 | 928798 | 4 |
0.016 | 1200000 | 2 |
Last trade - 10.00am 17/07/2024 (20 minute delay) ? |
Featured News
ADY (ASX) Chart |