My understanding is that the off shore funds are switching from yield plays to growth stocks.The 4 banks,Woolworths,QBE and TLS are being shorted for that reason.I remember last year FMG was heavily sold down but now it's back in favour.
Yield plays will regain favour again, in the meantime a great opportunity to top up the super account.
funds selling
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Last
$3.87 |
Change
-0.010(0.26%) |
Mkt cap ! $44.77B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.89 | $3.86 | $21.98M | 5.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 147877 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 319595 | 59 |
View Market Depth
| Last trade - 13.39pm 22/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |