Capitalism won't die to much human greed, but all the last year has been about is transfer of wealth from the many to the few and the elite are about to pull the rug.
Elin Musk is selling Tesla stock like no tomorrow because Twitter told him to LOL.
All bear markets do is work of excesses and ensure Zombie Companies like Zip Sezzle Evergrande et al do not survive and their is a more efficient use of capital investment.
When this bear market ends in approximately two years there will be some wonderful buying opportunities but unfortunately the current breed of Lambo Chasers in BNPL and Crypto will be wiped out and have no funds to invest by then.
i would estimate that all indices will make spectacular new highs in a relatively short time but from a very low starting point.
Daily Price Movement / General Discussion, page-39592
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Last
$1.76 |
Change
0.040(2.33%) |
Mkt cap ! $2.221B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.83 | $1.74 | $30.40M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 66876 | $1.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 60000 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |