BOT 1.19% 41.5¢ botanix pharmaceuticals ltd

if anyone recalls my comment about interest rates coming down...

  1. 3,356 Posts.
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    if anyone recalls my comment about interest rates coming down and liquidity entering the market...

    https://hotcopper.com.au/data/attachments/6436/6436370-3a2d9883b59129311ecd3f7dd6140716.jpg


    I'm expecting RBA to provide a small rate cut this month - I'm guessing these banks aren't dropping rates out of cycle for no reason, and their analyst likely know a rate cut is coming.


    This was ING this morning.
    https://hotcopper.com.au/data/attachments/6436/6436375-eac9a22908b6d666dc1caa2f13ca5a5d.jpg


    This was Bankwest this morning.

    https://hotcopper.com.au/data/attachments/6436/6436376-59e6054c8107ed08e446a253690c948f.jpg





    Macquarie has been the most aggressive by far...expecting a lot of money to flow back into the ASX over the coming weeks/months. Let's hope that BOT is a beneficiary

    GLTAH.


 
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