exactly the market is completely asleep at the wheel, amazingly, money still pouring into banks and even QAN . The market at the moment is completely disconnected from reality. Bank profitability will be severely strained for the next few years, the excrement will literally hit the fan when 250b of deferred mortgage fall due in Sept.
When will QAN make a profit? QAN would do well pouring money into COVID vaccine as I can see its fortune being tied to a successful vaccine and only then will internationally travel resume in a meaningful way.
Here we have world class technology in established markets but a lot of current holders keep selling the company short.
New AVR detailed research report with valuations, page-26
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Last
$18.31 |
Change
-0.240(1.29%) |
Mkt cap ! $351.9M | |||
| Open | High | Low | Value | Volume |
| $18.80 | $19.15 | $18.20 | $159.7K | 8.611K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73 | $18.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.33 | 90 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AVR (ASX) Chart |