Asset/Stock prices are a derivative of the debt market. When there's a lot of cheap money/debt around this creates liquidity that moves to assets/stocks and prices go up and bubbles are created/inflated further. This will continue as long as central banks can pump new money into the system. At the moment inflation is high and rising and liquidity has dried up. A new crisis is orchestrated in Israel and a reason to pump new money is created but I'm not sure it's going to work. Perhaps they need a World War or a new pandemic to reset and start again.
General discussion (MEI), page-3404
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Last
17.3¢ |
Change
0.003(1.47%) |
Mkt cap ! $343.2M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $239.1K | 1.368M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 365379 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 397618 | 25 |
View Market Depth
| Last trade - 12.10pm 18/06/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 17.5¢ | 17.5¢ | 17.0¢ | 90505 | ||
| Last updated 12.22pm 18/06/2024 ? | |||||
| MEI (ASX) Chart |