it feels like we are getting to the bottom, BUT there’s still 25-30% to go. I do think it’s good to start emptying the war chest BUT there’s likely to be a few more tough days ahead.
Some things likely to hit hard
- Bigger hits in US & Europe, Trump sounds like he is happy to have a few million deaths on his hands.
- Super sellout in April & July $50b-$100b hit
- Full lock down, all schools & non essential business, could happen within 3 days.
- Full year corporate announcements
- Business closures
- Collapse of the property market
- Government releasing data I.E GDP, unemployment etc
- Forced selling, larkins without jobs/income with exposure to way too much investment may be squeezed into the sell.
I think the market is close to worst case, but could have a little V drop shortly. 5 weeks into the decline of XAO, this kind of event should be a minimum 3 month collapses. But for the ones that are in a position to buy, sponge away.
- Forums
- ASX - By Stock
- ANZ
- News: ANZ Australian banks well capitalised to withstand virus disruption
News: ANZ Australian banks well capitalised to withstand virus disruption, page-176
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ANZ (ASX) to my watchlist
|
|||||
Last
$29.30 |
Change
-0.650(2.17%) |
Mkt cap ! $87.91B |
Open | High | Low | Value | Volume |
$29.79 | $29.83 | $29.24 | $176.4M | 5.996M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10736 | $29.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$29.33 | 754 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10736 | 29.300 |
1 | 7669 | 29.290 |
2 | 2756 | 29.280 |
6 | 28126 | 29.270 |
2 | 23379 | 29.260 |
Price($) | Vol. | No. |
---|---|---|
29.330 | 754 | 2 |
29.340 | 12811 | 2 |
29.370 | 37612 | 2 |
29.380 | 8923 | 1 |
29.390 | 6712 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
ANZ (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online