..How is that bullish? The SPI is simply a discounted value of the current XJO price. Given the SPI does not pay dividends, the discount is largely for expected dividends paid (67 points in Aug/Sep last year). Given increased YoY earnings I can't see how the 75 point differential is any indicator of price direction....
..How is that bullish? The SPI is simply a discounted value of...
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Last
8,091.9 |
Change
46.800(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,045.1 | 8,091.9 | 8,045.1 |
| XJO (ASX) Chart |