Why did this stock double from $1.30 and why does it look like it is going back there? Economically Australia has great problems around the massive costs of higher interest rates, the massive cost of cheaper energy the waste routinely practiced by State and Federal Governments which also need to be funded. Surely lifestyle shoes & apparel, furniture & bedding, and other discretionary spending must suffer in this environment. I would value your comment. Why did the market price double going into a recession?
Chart - AX1, page-29
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Last
$1.94 |
Change
-0.045(2.27%) |
Mkt cap ! $1.089B | |||
| Open | High | Low | Value | Volume |
| $1.98 | $2.00 | $1.94 | $2.944M | 1.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6330 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 12880 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |