In two weeks the Aud could be .60 usd and inflation heading towards 12%. The RBA needs to raise rates the next day after the US to keep our foreign exchange stable.
A neccessary rise of 1% will likely cause a market correction up to 10% or more. RMS could fall to 40 cents within 3 weeks which I find amazing.
A financial advisor who was linked to AMP became edgy with me a couple of months ago. He said, if you convert to cash you cant recover your loss. Financial advisors and fund mangers drown investments as the market enters a correction or crash similar to 2008. This is maintaining market sentiment to some extent, lack of action..
The level of funds under management leads me to belive market sentiment is a lot worst but the effect is delayed because the market has not converted to cash.
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Last
$1.96 |
Change
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Mkt cap ! $2.268B |
Open | High | Low | Value | Volume |
$2.00 | $2.00 | $1.94 | $3.362M | 1.713M |
Buyers (Bids)
No. | Vol. | Price($) |
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13 | 14901 | $1.96 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.97 | 19723 | 16 |
View Market Depth
No. | Vol. | Price($) |
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10 | 12277 | 1.960 |
18 | 20920 | 1.955 |
19 | 53153 | 1.950 |
12 | 28254 | 1.945 |
12 | 28792 | 1.940 |
Price($) | Vol. | No. |
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1.965 | 26368 | 19 |
1.970 | 29386 | 17 |
1.975 | 37759 | 18 |
1.980 | 31076 | 12 |
1.985 | 10299 | 6 |
Last trade - 13.32pm 04/06/2024 (20 minute delay) ? |
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Last
$1.96 |
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Change
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Open | High | Low | Volume | ||
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Last updated 13.54pm 04/06/2024 ? |
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