It really depends on market,US market certainly doesn't look good. More people are looking into short term instead,collect cents and run.It really destroys long term investors' confidence.
$17 is attractive price,actually $20 under is.
But in medium/long term we cannot see the trend of the market,ASX may be hit down below 4000.
I would wait patiently until the whole market starts turning up.
QBE,MQG,WBC are all on my to-buy list,but for now 'Cash is the king'.
Let's wait and see.
how low can it go??? , page-6
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Last
$18.49 |
Change
0.240(1.32%) |
Mkt cap ! $27.83B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.49 | $18.13 | $58.90M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 56 | $18.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 25787 | 11 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |