I see your point. But let's forget the cheese that I happened to use as an example. Let's say that a "package" or a unit stays the same price and if it doesn't go up, then as you correctly say - inflation is zero. But what about inflation shrinkage? You know, like when you pay $7 for an item that was only last month 250grams and next year, it's still $7 but the package has shrunk to 200 grams. That in itself represents a 20% increase even though the "price" hasn't increased. Correct? If you dare look around, you'll see it everywhere. If you like, I'll make a list of all the rip offs which essentially means that you pay more and get less - regardless of the inflation number. Remember, there's statistics, statistics and then there's damn lies.
But anyway, probably flogging a dead horse here and I'm glad that I'm not going insane regarding credit corp's result. It was crap and is now being treated accordingly. For it to push up to $24 based on the forecast of a "strong second half result" - which in actual fact just makes it inline with FY23 guidance ie: no growth, was a bridge too far. I look forward to further weakness. I've been buying under $20. But will now look to the 18's again.
The market gets bored very quickly.
Goodluck!
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I see your point. But let's forget the cheese that I happened to...
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Last
$15.27 |
Change
0.050(0.33%) |
Mkt cap ! $1.039B |
Open | High | Low | Value | Volume |
$15.19 | $15.34 | $14.89 | $4.620M | 303.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $14.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.50 | 1749 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 14.800 |
1 | 473 | 14.770 |
1 | 700 | 14.510 |
1 | 1000 | 14.500 |
1 | 1389 | 14.400 |
Price($) | Vol. | No. |
---|---|---|
15.500 | 1749 | 2 |
15.600 | 67 | 1 |
15.620 | 320 | 1 |
15.630 | 29 | 1 |
15.660 | 116 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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