Very few of the ASX All Tech index are software businesses, let alone 'cloud aligned'. It's a pretty crappy index IMO after I continually find more relevant, decently capitalized tech stocks that are not included.
Some of the questions, for me:
- Kogan. It's a retailer, not a tech stock.
- Carsales & REA - they are websites, but they are market places not technology (and then why isn't SEK there?)
- LKN and CPU - again they use a lot of software, but they are service companies
It's 2020 - every company has its own software. The real software companies (TNE, ALU, MP1) are only a small portion of this index. And MAQ isn't part of it? WTF.
FYI I took all my money out of MAQ today; 50% gain in under 2 months. It's a good company but don't see any huge growth here.
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Last
$84.54 |
Change
-0.910(1.06%) |
Mkt cap ! $2.178B |
Open | High | Low | Value | Volume |
$85.00 | $85.50 | $83.50 | $1.947M | 23.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 825 | $84.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$84.54 | 45 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 825 | 84.200 |
1 | 93 | 84.130 |
1 | 93 | 84.050 |
1 | 112 | 84.040 |
1 | 93 | 83.970 |
Price($) | Vol. | No. |
---|---|---|
84.540 | 45 | 1 |
84.550 | 253 | 1 |
84.560 | 101 | 1 |
84.620 | 93 | 2 |
84.630 | 11 | 1 |
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