Well, this might have something to do with it I guess....
The market, for the first time in 5 years, has fallen this financial year. So far it’s down over 15% and it’s also that time of year where many investors and funds will also sell stocks to lock in some tax losses. After 30th June, buying normally resumes again.
This can create some great buying opportunities in early July.
This year will be different than most because the market is so far down that it’s possible that many players will lock in more tax losses than usual. This makes the next few days a potentially dangerous time to start any new investments. It’s probably best to wait until next week when the new financial year begins.
Well, this might have something to do with it I guess....The...
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Last
$1.43 |
Change
0.015(1.06%) |
Mkt cap ! $389.9M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.44 | $1.42 | $188.2K | 131.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2093 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 9122 | 10 |
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| Last trade - 12.37pm 17/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |