What we are really seeing, in my opinion is something that has been caused by an ill thought out process by the Labor Government, you do not mess with peoples money, especially when it effects only the big end of town, there are only so many places you can place your money and if you only make rules that effect the big end of town and only in one area or one side of the equation, those affected will move their money elsewhere, you can bank on that, maybe it will be into property?, I can see where it will become even more expensive now because the Albanese government chose this path, it's ok to run polls and see where 67% of the voters say that what the Albanese government has done is a good idea? sure they would, it is not their money, it is just part of the the tall poppy syndrome, they think it won't effect them, they had better think again IMHO!
Stop losses are just a small part of this, a side effect of what is really happening if you like, one that I would not particularly like to be part of because the capital gains aspect, I did buy low, but I'm in this for the long haul, not some short term gain, the stock market runs on fear, and the Albanese government has kicked that along the road quite well themselves, with their ill perceived plan, I believe they have not learnt from the past, history will repeat itself, you don't mess with the rules and effect only one side of things, that is a sure plan to upset the apple cart, a lesson the Labor party is about to learn once again, but you don't just aim to buy low sell high, you buy when there is blood in the street so they say!
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$5.06 |
Change
-0.110(2.13%) |
Mkt cap ! $1.200B |
Open | High | Low | Value | Volume |
$5.18 | $5.25 | $5.00 | $2.306M | 453.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1980 | $5.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.06 | 199 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1980 | 5.050 |
1 | 2008 | 5.030 |
6 | 12171 | 5.000 |
1 | 1077 | 4.930 |
1 | 609 | 4.900 |
Price($) | Vol. | No. |
---|---|---|
5.100 | 5000 | 1 |
5.160 | 2000 | 1 |
5.190 | 2242 | 1 |
5.200 | 7971 | 4 |
5.250 | 237 | 1 |
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