Very few of the ASX All Tech index are software businesses, let alone 'cloud aligned'. It's a pretty crappy index IMO after I continually find more relevant, decently capitalized tech stocks that are not included.
Some of the questions, for me:
- Kogan. It's a retailer, not a tech stock.
- Carsales & REA - they are websites, but they are market places not technology (and then why isn't SEK there?)
- LKN and CPU - again they use a lot of software, but they are service companies
It's 2020 - every company has its own software. The real software companies (TNE, ALU, MP1) are only a small portion of this index. And MAQ isn't part of it? WTF.
FYI I took all my money out of MAQ today; 50% gain in under 2 months. It's a good company but don't see any huge growth here.
Good news, bad news, page-38
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Last
$89.37 |
Change
1.870(2.14%) |
Mkt cap ! $2.303B | |||
| Open | High | Low | Value | Volume |
| $88.00 | $89.70 | $87.88 | $941.0K | 10.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 127 | $88.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $89.54 | 36 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MAQ (ASX) Chart |