To add to that, this; disallowed/business/markets/the-message-for-australian-investors-ahead-of-potential-rba-qe-20191022-p5335b.html reports today that many economists believe the RBA will engage in QE given the diminishing return of interest rate cuts on the economy.
If this plays out, this is incredibly bullish, especially for banks as the U.S. example has proven. Previously i thought there could be $1 upside in the price, from here in about 12 months, but if this plays out, all bets are off.
Is it time to buy, page-97
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Last
$1.32 |
Change
0.005(0.38%) |
Mkt cap ! $3.368B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.33 | $1.31 | $20.75M | 15.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 207509 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 8013 | 1 |
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