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$37.86 arb corporation limited.

Some more food for thought on this......

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vic_wattle

3,481 Posts.

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27/08/20

00:11

Post #: 46849523
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Originally posted by MarsC ↑

Maybe. Nothing is certain in markets - and I appreciate the non-cheersquad-like commentary (unlike the prior commentary).

That said, I'm fairly certain the market is aware of those risks. I mean, those thoughts are not exactly a secret of a privileged minority with deep sage-like insights. So from the perspective of someone who may be holding back waiting to find their special entry point, for me, it is not so much "what will the economy do from here", it's more "what will the market do from here".

Because, whatever may lay ahead, we are in a recession now. And if there is one thing we can be sure about in markets, it is that they look forward - they do not wait for the future to look rosy. That means, waiting for the worst to arrive in the economy, is usually a fools errand.

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Some more food for thought on this...
https://www.abc.net.au/news/program...ed-interview-with-brian-johnson/12599434?nw=0

ARB Price at posting: $25.79 Sentiment: None Disclosure: Held
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(20min delay)
Last $37.86		Change -0.610(1.59%)		Mkt cap ! $3.145B

Open	High	Low	Value	Volume
$38.38	$38.60	$37.56	$2.414M	63.39K

Buyers (Bids)

No.	Vol.	Price($)
1	57	$37.86

Sellers (Offers)

Price($)	Vol.	No.
$37.87	50	6

View Market Depth

No.	Vol.	Price($)
1	31	37.790
5	98	37.780
2	59	37.770
3	77	37.760
6	145	37.750

Price($)	Vol.	No.
37.800	67	6
37.810	3	1
37.820	58	2
37.830	232	7
37.840	136	4

Last trade - 12.54pm 26/06/2024 (20 minute delay)

ARB (ASX) Chart