Feeling very confident this afternoon after hearing a live presentation by chief economist from CBA.
key points-
- Aus dollar is currently being held up by chinas demand for our high grade iron ore
- Australian markets are set to return to pre covid growth rates by august
- demand for iron ore is not going away anytime soon!!
- Australia will continue to be largest exporter unless China wants to sacrifice our iron for lower quality from Brazil/ South America
- China economy set to grow by 9% this quarter
- interest rates set to skyrocket as US markets realise they have overstimulated
the entire presentation I was on the edge of my seat thinking about MGT. PFS cannot come soon enough!!
DYOR, GLTAH
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $26.06M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $7.843K | 30.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 54153 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 9600 | 1 |
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| Last trade - 13.43pm 02/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |