"We also need to consider the possibility that the listing exposes us to any panic that the US markets face, especially in light of generally poor market conditions around the world."
I'm sorry, I can't agree with you on this one GMFJ.
Australian investors have been fooled into believing poor performance in world markets when the facts actually show that it's really only the Australian market which has performed like a rotting disease... and imo will continue only going sideways or down whilst monkey's remain in control destroying this beautiful country.
Last 12 Months
ASX200 + 3.32%
Nasdaq + 29.71%
The facts speak for themselves... No matter how you want to look at it, that is a significant difference.
Sadly, because of such a poor performing Australian market most Australian investors probably aren't even aware that the Nasdaq has already returned to higher levels than it was ever at before the GFC.
The highest level ever reached for the Nasdaq before Wall St crashed was 2810 in November, 2007. Today it is already back above that level at 2828.
Since Labors Mining Tax fiasco Australia has been listed by some of the most respected global investment agencies as being more politically unstable and posing a larger investment risk than some of the most corruptable and unstable nations within Africa. A very scary thought considering, world markets have been performing so well many analysts are now predicting another crash is due within the next 12 months... and to be honest, I completely agree with them.
- Forums
- ASX - By Stock
- IMM
- pre open
pre open, page-15
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add IMM (ASX) to my watchlist
|
|||||
Last
34.0¢ |
Change
0.005(1.49%) |
Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
33.5¢ | 34.0¢ | 33.0¢ | $1.233M | 3.670M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 484808 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 52319 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 460233 | 0.330 |
7 | 242384 | 0.325 |
10 | 494555 | 0.320 |
2 | 155000 | 0.315 |
3 | 18010 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 18031 | 2 |
0.350 | 22702 | 4 |
0.355 | 125992 | 5 |
0.360 | 149360 | 5 |
0.365 | 158497 | 7 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
IMM (ASX) Chart |