my guess is we have hit the bottom of this current SP dump with sellers starting to dry up
The economic slow down and uncertainty about inflation and rate raisers Aus and overseas travellers will be sticking close to home until things improve
IMO the SP will be tracking sideways for now and we may see anther dump in the SP following the RBA meeting early next month were they may push interest rates to 1.25%
For me it is accumulate on the lows and go long
GL
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Last
$1.86 |
Change
-0.045(2.37%) |
Mkt cap ! $298.8M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.85 | $936.7K | 502.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 4431 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| HLO (ASX) Chart |