How is a bank - one of the most leverage reliant institutions - safer than the ASX?
ASX has minimal borrowings and only relies on these simple things; trading, ipos, data feeds etc etc to make money.
I don't see how volumes could be down in the long-term given superannuation, confidence returning to the market from retail/wholesale investors and traders, more fund managers setting up here to do business and so on.
I think a lower price than its all time high is one comparison you can't rule out to be honest. It's just like buying a great suit for 40% off. That's certainly what you would be saying about CBA back at $25.
chart please, page-8
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Last
$65.27 |
Change
0.140(0.21%) |
Mkt cap ! $12.61B | |||
| Open | High | Low | Value | Volume |
| $65.61 | $65.84 | $65.02 | $4.261M | 65.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 189 | $65.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.29 | 115 | 2 |
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| Last trade - 14.10pm 07/11/2024 (20 minute delay) ? |
| ASX (ASX) Chart |