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
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $257.0M |
Open | High | Low | Value | Volume |
67.0¢ | 67.0¢ | 62.5¢ | $103.4K | 161.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 15362 | 62.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
63.0¢ | 1856 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 15362 | 0.625 |
5 | 30659 | 0.620 |
6 | 20668 | 0.615 |
3 | 24124 | 0.610 |
4 | 17268 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.635 | 6674 | 4 |
0.640 | 9750 | 3 |
0.645 | 4950 | 1 |
0.650 | 13633 | 2 |
0.655 | 11304 | 3 |
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