Wrong, common misconception from pundits who purport to know all.
I'll give you another chance to try and explain why the ASX has returned gains on par with US and other markets, contrary to a common XAO chart.....
$50 Party, page-76
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 (20min delay)
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Last
$16.77 |
Change
0.100(0.60%) |
Mkt cap ! $1.028B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $17.35 | $16.04 | $5.264M | 315.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 590 | $16.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.00 | 1151 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |