Why not? Recession, high interest rates means 0 mortgage growth. Recession is supposed to be bad for energy too but where is the new supply of coal/gas coming from? Not even enough to replace existing sources let alone come up with new sources. Even in a recession there is a degree of inelastic demand. Very doubtful there will be shale revolution Mark2.
Why not? Recession, high interest rates means 0 mortgage growth....
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Last
$7.34 |
Change
-0.360(4.68%) |
Mkt cap ! $6.140B | |||
| Open | High | Low | Value | Volume |
| $7.53 | $7.55 | $7.28 | $53.08M | 7.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6592 | $7.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.35 | 55269 | 2 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |