"..its hard to see the Aust market having any significantly rally until we accept that the banks are going to take some significant losses ( ie via bad debts ) and this is just part of the cycle and they will survive and move forward..."
I have already accepted that. Look at ANZ, got all the way down to $ 13 last week. The only knife still hanging above the banks' heads is a possible housing collapse in Australia, and resultant consumer debt defaults. May happen, but a low possability.
No, I think we will see a pleasant rebount in the ASX in the coming weeks.
Agree with your other points.
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Last
$6.84 |
Change
0.000(0.00%) |
Mkt cap ! $4.593B | |||
| Open | High | Low | Value | Volume |
| $6.86 | $6.91 | $6.83 | $4.628M | 675.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7239 | $6.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 5211 | 3 |
View Market Depth
| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| DOW (ASX) Chart |