with two more possible interest rate custs this year, and the earlier one thus far, the returns for people keeping cash in banks will start to deminish.
they will start to look back at the stockmarket to get a return better than the cash rate.
with the AUD also falling against the U.S. our sharemarket is cheaper for overseas investors -- and thats one of the reason the asx rose so strong (and is falling so fast due to the lack of).
these two points are yet more positive outlooks for BRT and other small caps with potential strong returns.
if BRT remains at 6c by christmas then we really have a problem.
if BRT hits 15c by christmas, then we're talking a 250% profit on todays levels....
BRT was at that level last christmas btw...
Just my thoughts for the day. I'm holding onto my parcel.
finance, page-7
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