When this comes out of this demand slump, imo ,
it will be a very lean money making machine.
The trick is that the market itself will recognise when the tide turns long before the fundamentals tell us.
Does anyone seriously think that first the demand returns and then the price rises? Or even that the demand shrinks and then the price falls.
I have no idea at all when that will happen, and trying to work it out is futile because there are too many unknowns. But the price will be the first indicator.
Money making machine., page-2
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Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |