WRX depends on your world view.
China is having issues and the only way they can manage in devalue RMB.
Australia has a problem, today proved again, 3.4b deficit. Taxes will raise and growth will continue to weaken. RBA cuts rates and AUD is smoked... off shore funding will be a issue.
But prop up the house bubble a little longer with a weak AUD ?, but the average KFC eating Aussie wont be buying, as the overseas investors with USD will sweep up the place. Selling the future to survive a little longer.
Either way - disaster looms !
Im betting CBA and the others fall apart....
Probability of this returning to $90 again., page-5
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Last
$131.44 |
Change
-1.340(1.01%) |
Mkt cap ! $219.7B | |||
| Open | High | Low | Value | Volume |
| $131.35 | $131.66 | $131.20 | $34.97M | 266.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 179 | $131.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.44 | 99 | 1 |
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| Last trade - 11.16am 25/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |