Worth mentioning that our current SP slump is entirely consistent with the past five years:
first our 51c peak was followed by a 21c trough (-60%) in the panic of 2020,
then a 73c peak was followed by a 51c trough (-30%),
then a $1.60 peak was followed by a 90c trough (-44%),
then a $1.80c peak was followed by a 99c trough (-45%),
now after a $4.14 peak we are down 34% at $2.75.
This would imply that barring another market panic, we are very close to another inflection point.
Chart, page-280
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Last
$5.13 |
Change
-0.020(0.39%) |
Mkt cap ! $1.215B | |||
| Open | High | Low | Value | Volume |
| $5.16 | $5.22 | $5.04 | $1.323M | 258.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6018 | $5.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.13 | 525 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |