BHP Telstra Newcorp Index My feeling are Acouch that the downtrend is primarily Newscorp at 11.28c and Telstra that make up a large part of the index----with the index as you know being just a basket of stocks and not really reflective of what is really happening.
You'd expect Newscorp to rise now>>>Telstra perhaps rise (bearishly so)---but if that did not occur and Newscorp and Telstra were to go down---that would only make them better value to buy>>>hence the index (which they form such a large part of) would go up.
(BHP play a part in this too)
My thoughts for what they are worth,
Cheers,--BK.
BHP Telstra Newcorp Index My feeling are Acouch that the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $20.53M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $36.62K | 298.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 208382 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 28571 | 1 |
View Market Depth
| Last trade - 14.45pm 20/06/2024 (20 minute delay) ? |
| EMC (ASX) Chart |