Only looking at half the picture again? Perhaps missed that the stressed mortgages are at all time high too.. so what would these people do first after rate cuts? Pay down their arrears on debt payments or go on a buying spree at Adairs?
https://www.news.com.au/finance/economy/interest-rates/rba-july-bulletin-mortgage-arrears-steadily-increasing-since-late-2022/news-story/c4bf0acb52c883fb639dabf4a18cd8f3
Ann: Change of Director's Interest Notice - T Peterson, page-37
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Last
$2.07 |
Change
0.060(2.99%) |
Mkt cap ! $361.5M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.08 | $2.02 | $718.7K | 348.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4720 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 13408 | 3 |
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| ADH (ASX) Chart |