I agree that is a defensive stock, and it will out perform many other stocks in a recessionary or depressionary environment.
However, that is a far cry from a bond, particularly now it has run up so much, if sentiment on the stock changes, it has a long way to fall.
I agree that is a defensive stock, and it will out perform many...
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Last
$3.91 |
Change
0.010(0.26%) |
Mkt cap ! $45.17B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.91 | $3.88 | $89.21M | 22.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17355 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 290484 | 6 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |