CGR 13.2% 16.5¢ cgn resources limited

A property market crash would be the best thing ever for the ASX...

  1. 11,145 Posts.
    lightbulb Created with Sketch. 4592
    A property market crash would be the best thing ever for the ASX Imo. Every month that the sheep wake up to the fact the government and media are lying about this inflation easing/interest rates cut rhetoric, is a month closer to the crash. When people sell up their investment properties, then the money flows back into their accounts and is no longer held in the asset. This frees up liquidity for the majority to try to make a profit in sectors elsewhere. Moving forward the best place for that will be via physical commodities and commodity related stocks on the ASX Imo. There is an inverse pattern historically, property down, commodity markets up. This is the time to be accumulating at the lows, even more so around tax time in June when the fear is greatest! DYOR

    Last edited by coto: 31/05/24
 
watchlist Created with Sketch. Add CGR (ASX) to my watchlist
(20min delay)
Last
16.5¢
Change
-0.025(13.2%)
Mkt cap ! $14.97M
Open High Low Value Volume
19.0¢ 19.0¢ 16.0¢ $32.37K 193.4K

Buyers (Bids)

No. Vol. Price($)
3 67808 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 95000 1
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
CGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.