I agree it is insane.
It makes me sick to see how our market still follows the US leads. Since 2007 our market has underperformed by a mile. The ASX hit a high of around 8000 and we are still there 17 years later. Think about that.
Look at the Dow jones. It was around 13500. Back then but has climbed up to 40,000. The DOW can correct by 10% or even 20% and will still be well in front of our market. 600 drop is nothing for the US and it needs to have a healthy correction. It should fall another 2000. And it would be ok.
don’t know why we all panic back home. “Oh my the DJ is now 600. Big whoop”. I just find it amusing. So I go shopping when others are running scared. Best time to buy.
I would like to pick up PLS cheaper. I will wait for them at $2.50-2.60 to see if the nervous Nellie’s sell them down there.
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Last
$2.86 |
Change
-0.200(6.54%) |
Mkt cap ! $8.608B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.96 | $2.85 | $61.44M | 21.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 163532 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 44591 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |