It will be interesting to see how quickly they stop the rate rises. It is going to do massive damage if they continue with them.
Hopefully there are some brains around in the right places that can see this and have some impact to stop/slow down this cycle.
If the rate rises stop it could see a shift back to investment in the markets rather than a massive slaughter as is going on now.
There is also a U.S. election in November and market crashes aren't usually to good for ruling parties.
Most probably all B.S. but anything can happen in the markets.
ASM Chart Thread, page-6834
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Last
60.5¢ |
Change
0.005(0.83%) |
Mkt cap ! $109.6M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 63.0¢ | 59.0¢ | $166.8K | 273.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6400 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 998 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| ASM (ASX) Chart |