Could be time to be wary due to potential economic recession overseas . Only saving grace is that the Aussie economy is better positioned than Europe and the US to avoid recession. I am thinking China will be in a go slow cycle for some time.
This is a quality stock, but that may not protect it should further market volatility ensures.
I believe shareholders have a choice, hold and don't look at the carnage, as the company should get through and rebound, or the other option sell and park your money on the sidelines until you see a buying opportunity, if it drops considerably.
Christopher
Could be time to be wary due to potential economic recession...
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Last
$2.17 |
Change
-0.050(2.25%) |
Mkt cap ! $1.110B | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.23 | $2.15 | $3.896M | 1.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 350 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 13203 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMD (ASX) Chart |