As much as it pains me to admit it, I think the $6 call on NST is pretty accurate. I think we'll only see $7-$8, but there is definitely more downside to come.
The thing with inflation is that it takes time to flow through the system, because everything is backdated we are still 3-4 months away from things picking up and I see no real catalyst for SP appreciation until then, especially if the AUD rallies again having recently came off.
As much as it pains me to admit it, I think the $6 call on NST...
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Last
$14.20 |
Change
0.060(0.42%) |
Mkt cap ! $16.31B | |||
| Open | High | Low | Value | Volume |
| $14.06 | $14.37 | $14.05 | $89.35M | 6.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10652 | $14.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.20 | 4716 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |