Inflation tends to transfer wealth from those with savings and financial assets to those with debt and material assets. The caveat is that the debt and cost of asset ownership must be serviceable despite rising interest rates and other costs. I think CIP can and will do both because it is a position to pass on rising costs and so IMHO is a pretty good stock to hold during times of inflation.
- Forums
- ASX - By Stock
- Long Term Future w/ Rising Rates
Inflation tends to transfer wealth from those with savings and...
Featured News
Add CIP (ASX) to my watchlist
|
|||||
Last
$3.10 |
Change
-0.010(0.32%) |
Mkt cap ! $1.968B |
Open | High | Low | Value | Volume |
$3.10 | $3.14 | $3.10 | $4.492M | 1.445M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3495 | $3.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.11 | 5159 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 23817 | 3.090 |
5 | 26291 | 3.080 |
2 | 6864 | 3.070 |
2 | 11975 | 3.060 |
3 | 4201 | 3.050 |
Price($) | Vol. | No. |
---|---|---|
3.110 | 1378 | 1 |
3.120 | 19129 | 5 |
3.130 | 11874 | 4 |
3.140 | 5642 | 3 |
3.150 | 5276 | 2 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
$3.11 |
  |
Change
-0.010 ( 0.02 %) |
|||
Open | High | Low | Volume | ||
$3.12 | $3.14 | $3.10 | 721935 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
CIP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online