It is the way they operate and one to which I subscribe to also. As strength is seen returning to the markets, i.e. U.S. recovery, the future strength will be in growth stocks.Demand will increase, consumption will increase and advertising revenue will jump. Utilities are seen as yield plays and more upside is likely in the cyclicals. It doesn't happen overnight but it will be a trend over the coming one to three years. Sure there was the dingo blue problem but banks like ANZ and WBC were sub $10.00 and PBL was $16+ and NCP $28. I hope you see my point.
agl - bottomed. should rise now, page-6
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Last
$10.41 |
Change
-0.010(0.10%) |
Mkt cap ! $7.040B | |||
| Open | High | Low | Value | Volume |
| $10.50 | $10.53 | $10.40 | $9.083M | 868.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 11738 | $10.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.42 | 5987 | 23 |
View Market Depth
| Last trade - 13.06pm 12/07/2024 (20 minute delay) ? |
| AGL (ASX) Chart |