The global rally looks set to continue with a solid platform placed under European banks last night. Such moves are the basis of the recent global recovery, without a doubt and why OZ looks very attractive as well.
The Australian dollar looks set to increase in value because our bonds are a no-brainer.
The general rally is just starting to gain traction and the risk/reward pendulum has swung, as it looks.
Watch the barriers fall on PRR within days is my call. Yesterday the barrier at 25.5cents was all but tested. Whoever is responsible for the block placed an added barrier at 25c and is keeping us locked here and is accumulating, as we await the inevitable announcements.
Many of my other interests did well yesterday, PRR is just being capped pure and simple.
The global rally looks set to continue with a solid platform...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $581.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.576M | 3.906M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2506 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 8079 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| IMM (ASX) Chart |