well inflation is supposed to be good for commodities. i think the main driver for this downturn is the chinese lockdowns...which will pass. my chinese friend said dont worry about the manufacturing base because the factories will just do "lock ins "for enployees...psy extra. feed them.. and the machine keeps runnning. as for domestic consumption that can be hit but as we know here it bounces nicely from the extra savings.
this will pass..the infkation figure was lower than last period....but higher than expectations...so we are probably over that because it is a moving average calculation.
ASX Today, page-19286
-
- There are more pages in this discussion • 22,611 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
96.5¢ |
Change
0.050(5.46%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 98.0¢ | 92.0¢ | $15.00M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 148095 | 96.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 275693 | 4 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |