I considered ASX...
The dividend yield is comfortable.
The chart is comfortable.
The results are comfortable.
The announcements seem pretty comfortable. The problem is FY10 may NOT be as fantastic as there may be less capital raising (though, more IPO's)...
However, the thing that concerns me is the possibility that competition could enter the market. If this occurs, there is every chance that ASX could hit $20 or so.
I would like to hear everyone's thoughts on this.
TO me, buying ASX seems like you are betting on no-one setting up a stock exchange....
I admit there are barriers to competition... but....
competition?
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Last
$63.41 |
Change
1.050(1.68%) |
Mkt cap ! $12.29B | |||
| Open | High | Low | Value | Volume |
| $62.99 | $63.47 | $62.92 | $27.43M | 433.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 734 | $63.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.41 | 1023 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |