I read it.
During the free money era any idiotic idea could get funded. In the current era of relatively high inflation and interest rates most tech companies are being exposed as little more than Ponzi schemes based on massive debt and the nonsensical idea of 'perpetual' growth (via acquisitions). Even companies like Apple and Amazon have fallen into this trap. The only likely outcome is a massive downgrade as reality bites.
I read it.During the free money era any idiotic idea could get...
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Last
$96.42 |
Change
-1.160(1.19%) |
Mkt cap ! $4.408B | |||
| Open | High | Low | Value | Volume |
| $96.61 | $96.75 | $95.80 | $18.33M | 190.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60 | $96.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $96.59 | 514 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| SQ2 (ASX) Chart |