I think the bottom is somewhere around here, within 250 points for the all-ords.
The issue is how long it will bounce around these levels and how long it will take to start rising again. I think the rise when it comes will be on the back of a turnaround in sentiment/economic conditions in the US and will be rapid - maybe seeing some resource blues such as BHP gaining >20% over a week or so, and many quality small- and mid-caps doubling and more over only a few days to regain their true value.
our market is lauging stock of the world, page-10
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Last
$64.41 |
Change
1.000(1.58%) |
Mkt cap ! $12.48B | |||
| Open | High | Low | Value | Volume |
| $63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $64.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.43 | 629 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |