because most mortgage holders are still on sub 2% fixed rates…… that begins to stop from 1 July. That’s what I was saying. You’ll find your average joe spends what they have, so when rates roll from 1.8/2% to 5.5% or so that their wallet will have significantly less to spend on beer and entertainment. Be wary of consumer related stocks - my view. It begins q3.
because most mortgage holders are still on sub 2% fixed rates……...
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Last
$5.47 |
Change
-0.015(0.27%) |
Mkt cap ! $9.832B | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.52 | $5.45 | $12.02M | 2.262M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 18188 | $5.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.47 | 40695 | 46 |
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| Last trade - 12.09pm 16/08/2024 (20 minute delay) ? |
| EDV (ASX) Chart |