I don't think it has started yet.
Possibly on the verge of a savage recession. Albeit, in "pockets".
Reckon it will hit some sectors really hard and a softer fall in others.
The one thing all us ASX holders will needs buckets of - is patience.
Cash is king.
The central banks ridiculous interest rates policies painted themselves into a corner for a decade or more and the pain was always trying to come back from that.
They tried to avert every dog kennel recession that threatened but did not see Covid and the Uke war coming and they lost the bet???
Wouldn't be surprised if gold took a sudden hike and it one of our local holdings hits paydirt the dust might come off a shelved ASM champers bottle currently gathering more dust.
Didn't see the ASM correction coming and hope we see a turnaround soon.
The share market is a fickle creature is it not ?
DYOR
ASM Chart Thread, page-6836
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $91.56M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 53.0¢ | 50.5¢ | $160.9K | 312.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 67828 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 18689 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ASM (ASX) Chart |