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$37.77 arb corporation limited.

Ann: Half Yearly Report and Accounts, page-24

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vic_wattle

3,481 Posts.

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27/08/20

00:11

Post #: 46849523
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Originally posted by MarsC ↑

Maybe. Nothing is certain in markets - and I appreciate the non-cheersquad-like commentary (unlike the prior commentary).

That said, I'm fairly certain the market is aware of those risks. I mean, those thoughts are not exactly a secret of a privileged minority with deep sage-like insights. So from the perspective of someone who may be holding back waiting to find their special entry point, for me, it is not so much "what will the economy do from here", it's more "what will the market do from here".

Because, whatever may lay ahead, we are in a recession now. And if there is one thing we can be sure about in markets, it is that they look forward - they do not wait for the future to look rosy. That means, waiting for the worst to arrive in the economy, is usually a fools errand.

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Some more food for thought on this...
https://www.abc.net.au/news/program...ed-interview-with-brian-johnson/12599434?nw=0

ARB Price at posting: $25.79 Sentiment: None Disclosure: Held
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(20min delay)
Last $37.77		Change -0.700(1.82%)		Mkt cap ! $3.145B

Open	High	Low	Value	Volume
$38.38	$38.60	$37.56	$2.380M	62.49K

Buyers (Bids)

No.	Vol.	Price($)
4	52	$37.77

Sellers (Offers)

Price($)	Vol.	No.
$37.79	146	16

View Market Depth

No.	Vol.	Price($)
2	27	37.790
2	41	37.770
6	189	37.760
4	123	37.750
5	197	37.740

Price($)	Vol.	No.
37.800	89	10
37.810	49	5
37.820	25	1
37.830	36	3
37.840	132	3

Last trade - 12.48pm 26/06/2024 (20 minute delay)

ARB (ASX) Chart