It really could be a downward spiral. We will know by September if Australia is in an official recession (though for what it's worth, we've been in a per capita recession for a long time now so people actually have been getting poorer).
If the bad news escalates around the world, companies will start laying people off in anticipation of a downturn (though if you read headlines many have already commenced). Government stimulus won't work, neither will printing money.
'Buying in at $2 or less' thread, page-87
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Last
$1.21 |
Change
-0.010(0.82%) |
Mkt cap ! $1.357B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.19 | $7.218M | 5.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22599 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 45175 | 5 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
-0.010 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.22 | $1.19 | 2330467 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| ZIP (ASX) Chart |