The problem is everyone is worse off financially than 30 years ago. Sure, salaries have gone up, but not to the extent of everything else in life - food, insurance, energy costs etc, and most of all house prices and rental costs! It appears more retail than ever are having to pull funds from the ASX to fund their living costs. Priority one for them is clearly paying their mortgage or rents, which means less money to spend on riskier investments like low cap stocks on the ASX. I have been saying this a while, but we need institutional interest in the low cap space to speed up, which is close IMO! The global economic dynamics are shifting, and institutions will be forced to head into commodities to cover themselves, once other sectors drop from their current peaks. OR, we need a major housing crash, or crypto crash to free up liquidity and change investment focus to investing in the ASX again, especially the younger generation who appear to be moving into the crypto area. If they lose a substantial ammount in any crypto crash with a hacking event, or government policy change, crackdown on taxes etc then I am sure they will learn their lesson and move on, and invest in something with a physical backing.
- Forums
- ASX - By Stock
- Ann: Change of Director's Interest Notice x 3
The problem is everyone is worse off financially than 30 years...
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRE (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.72M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $95.75K | 5.977M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2207951 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.016 |
22 | 4759364 | 0.015 |
11 | 4255951 | 0.014 |
5 | 3402088 | 0.013 |
2 | 1083416 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1969856 | 7 |
0.018 | 1470997 | 9 |
0.019 | 1003943 | 7 |
0.020 | 1050803 | 7 |
0.021 | 566692 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
1.6¢ |
  |
Change
0.000 ( 6.06 %) |
|||
Open | High | Low | Volume | ||
1.6¢ | 1.7¢ | 1.6¢ | 3383255 | ||
Last updated 15.54pm 03/05/2024 ? |
Featured News
DRE (ASX) Chart |