I agree there have been some atrocious posts here either downramping or upramping in the form of saying all is well when clearly there are some serious challenges ahead for the world economy in 2020. Saying that it will all be well in the long run can apply to any event, from black death to WW2 or even WW3 should it happen. Things will turn up eventually. We will muddle through until we don't.
Fear is a key driver in the stock market and like any good lie, there will be a basis of truth in it. So while I agree that Beach will return to "normal" value at some point, there are enough unknowns to spook any solid stock. Speaking of which, this one on the new wire this morning.
https://www.news.com.au/lifestyle/health/health-problems/recovered-coronavirus-patient-dies-in-china/news-story/aebe8ff97f085dce713dbdacdd2236ac
Very well could be an anomoly but I want to be informed as much as possible. Head in the sand is no way to invest in Beach or the stock market.
Price action, page-735
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Last
$1.39 |
Change
-0.020(1.42%) |
Mkt cap ! $3.171B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.39 | $6.800M | 4.873M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12260 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 129810 | 7 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |