i would say a 15-20% drop with all that capital in the Australian property market will definitely be defined as a crash. That would be catastrophic. Most people have taken out such massive loans that drops like that puts them underwater and firesales begin.
Ann: Trading Halt, page-61
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1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.54M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $42.87K | 2.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4251339 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1104898 | 3 |
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| DRE (ASX) Chart |