Markets are always forward looking. Theyll probably tank before the recession hits and start to rise before it ends. A lot of trading profit has been driven by exuberance and wishful thinking in companies' potential over the last two years of free cash and investors bored in lockdown. That confidence is gone and prices will revert to better value for some time to come. Should be good buying opportunties in the medium term. Short term, cash holdings are important.
Banter and general comments, page-11781
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Last
10.3¢ |
Change
0.003(2.50%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $208.2K | 1.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 69 | 3657831 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2600202 | 52 |
View Market Depth
| Last trade - 11.03am 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |