i think what you are seeing here is a market asset allocation rotation out of cyclicals and back into defensive's.
the cyclicals have had huge runs as a sector and now we have profit taking and switching back to defensives.
oil is different but it is still thought of as cyclical.
i think what you are seeing here is a market asset allocation...
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9.5¢ |
Change
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Mkt cap ! $10.46M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2273 | 9.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 14042 | 1 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| ROC (ASX) Chart |
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