No problem. It states clearly that not only is the first $250k backed by guarantee, but the US Gov has come saying it will back funds beyond that amount. The US Gov has no choice but to stop this run on banks or the whole economy would unravel, tech businesses first. That's why the Gov jumped onto this immediately. No need for panic. imo this SVB hit will in fact lead to less aggressive rate hikes and businesses and consumer spending will recover. Both in US and Oz they don't want a Recession. imo looking back today's sp will look soo cheap.
Ann: FINEOS confirms minimal exposure to SVB, page-3
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Last
$2.24 |
Change
-0.010(0.44%) |
Mkt cap ! $758.2M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.29 | $2.10 | $645.4K | 294.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6967 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| FCL (ASX) Chart |