ASX 0.87% $60.00 asx limited

"What would happen if the market just stopped?"Under such a...

  1. 9,938 Posts.
    lightbulb Created with Sketch. 104
    "What would happen if the market just stopped?"



    Under such a scenario, those exchange listed companies would be no different to private, unlisted companies.
    You would only be interested in the company's operating performance and your share of the profits.
    You simply wouldnt know what the price of your shareholding was every second of the day.

    Is this a far-fetched situation ? Not at all.
    Imagine someone who partcipated in the WOW IPO in 1993.
    He wrote a cheque ($2.40 per share) to the previous owner and has since only received dividends from the company. Under such a scenario, the stockmarket might as well not exist. This investor has had zero contact with the stockmarket.
 
watchlist Created with Sketch. Add ASX (ASX) to my watchlist
(20min delay)
Last
$60.00
Change
0.520(0.87%)
Mkt cap ! $11.63B
Open High Low Value Volume
$59.54 $60.22 $59.50 $25.48M 424.9K

Buyers (Bids)

No. Vol. Price($)
2 600 $59.98
 

Sellers (Offers)

Price($) Vol. No.
$60.01 288 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ASX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.