There will be a race to see who gets out of the door first. ML will be a clear winner. I think ML selling started 10/4, last Thursday.
The bigger issue is that Lift is a crisis of confidence. Any firm with such a model could potentially be hit. It is a question of who is next.
Sooner or later, banks will also withdraw from margin lending firms with such models. Bottom line is, IMO more such firms will fall.
There will be a race to see who gets out of the door first. ML...
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Last
$62.98 |
Change
0.500(0.80%) |
Mkt cap ! $12.21B | |||
| Open | High | Low | Value | Volume |
| $62.77 | $62.98 | $62.36 | $16.34M | 260.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 355 | $62.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.99 | 1620 | 2 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |