Sept FYTD doesn't tell us much (comparing Q1 to full-FY23?), as trades were probably already down as of last quarter. More important is whether they're down more in Jul,Aug,Sept vs Apr,May,June. That's able to be checked.
If they say Jul-Sept is 1.407m trades per day, only Apr,May,Jun need to be checked to compare. But I think ASX's numbers include robot trades, which is not perfectly correlated with retail trades anyway.
I'm waiting for cost of living pressures to subside, for people to get back into investing more. When people stop complaining so much about homelessness and skipping restaurants.
However, Google trends also shows some weakness in interest lately:
Ann: ASX Announcement - response to media speculation, page-32
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.54M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 202306 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 85250 | 4 |
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