BLD 0.35% $5.73 boral limited.

Morning all. Expect an increase today in Boral / Market.USA -...

  1. 282 Posts.
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    Morning all. Expect an increase today in Boral / Market.
    USA - Market Up, Bond yields up, Gold Down. Oil Up. Unemployment number down (artificial, miscalculated - google "absent but employed")

    I 100% agree with @ChristopherC another crash is inevitable and OVERDUE & here's a short story to show why...

    HERTZ car hire company.
    Announced bankruptcy last week Monday.
    Tuesday price dropped $2.80 to 50 cents...
    Major shareholder (39%) Carl Icahn sold $2.3 billion of shares for 70 cents each (total $39 million) & lost $2 billion.

    TODAY. Hertz share price is $5.53 & they are still in bankruptcy proceedings.
    FYI: Once a company bankruptcy is finalised (date/when is the big question) shareholders almost never get money back

    https://hotcopper.com.au/data/attachments/2211/2211652-d4fb1f405a2081f458208d3aa083c631.jpg


    2008 recession was due to a lot of issues, but it was *triggered* by the collapse of certain major banks.
    I believe Boral is a good company long term I just want our friends here to know short-mid term dangers.
    All we need is another trigger then your moneys stuck in for few years (which won't worry long term investors)

 
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$5.70 $5.74 $5.67 $37.51M 6.556M

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Last trade - 16.10pm 30/04/2024 (20 minute delay) ?
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