Covid caused an oil downturn for obvious reasons, and for nearly 2 years now it has continued to effect demand.
Covid caused low to zero interest rates, along with massive stimulus spending.
Covid caused household savings to increase.
Covid caused the rise of retail investors sitting at home in isolation with their laptops buying cheap shares.
Covid caused the acceleration of green energy, along with its highly over valued stocks, these stocks are still rising.
Covid caused the rise of Bitcion, for shits sake.
When economies and boarders open up, there will lots of pent up spending/demand. Demand for oil/gas will be high. Interest rates will have to be raised. Over valued stocks will be sold and placed in interest bearing acoounts, or used to buy value stocks such as BTP.
Just my thoughts.
THE ONLY WAY IS UP., page-43
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Last
$1.14 |
Change
0.005(0.44%) |
Mkt cap ! $2.589B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.13 | $8.810M | 7.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46969 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 82338 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| BPT (ASX) Chart |