To add to your comment, if you look at the major market indices globally, SP500, Russell 2000, NASDAQ, Shanghai Composite, Euro Stoxx600 and to a lesser extent the Japan Nekkei, all are in bear market territories. The Aussie All Ords is the only developed market index that is not in a bear market, driven by commodities. The All Ords is only 4% of its peak. Given everything that is happening to the global economy, plus all commodities are now in backwardation, Aust will be lucky not to be in a recession. This is bad for growth stocks. I intend to hold PLY for a long term, I expect pains in the short term. But who knows, if we escape a recession like what we did during the GFC, Aussie equities will attract foreign inflows, plus we're the closets developed market to Asia, so our market is always a haven for Asian inflows. So who knows, it might not be all doom and gloom after all. Plus, gaming is a very niche market. Gaming (mainly gambling) tends to do better during a recession so there's that.
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Last
71.5¢ |
Change
-0.020(2.72%) |
Mkt cap ! $299.9M |
Open | High | Low | Value | Volume |
73.0¢ | 73.0¢ | 71.3¢ | $29.14K | 40.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 27616 | 70.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 36430 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13987 | 0.715 |
2 | 9958 | 0.710 |
1 | 3600 | 0.705 |
5 | 11030 | 0.700 |
2 | 14614 | 0.695 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 23000 | 1 |
0.725 | 12864 | 4 |
0.730 | 14369 | 3 |
0.735 | 10996 | 3 |
0.740 | 12644 | 2 |
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