all time highs have nothing to do with it sorry, thats no way to value a stock....
IPO's and secondary listings are only part of how ASX gets revenue, she relies on Volumes and at present they are falling which doesnt justify why a mature business in the GFC is justified at a PE of 20
Very expensive IMO and its coming down in the near term...
If the Bill goes through in the USA today, markets should take a pounding and ASX should be sub 35....
Can get more yield in the bank with less risk at these prices
chart please, page-7
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Last
$63.84 |
Change
-0.070(0.11%) |
Mkt cap ! $12.37B | |||
| Open | High | Low | Value | Volume |
| $63.88 | $63.92 | $62.85 | $12.79M | 201.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $63.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.86 | 2974 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |