I think anticipation of big interest rate drops was providing the strength. The good employment figures today seem to be driving it down (which seems silly as it means less likelihood of bad debts), however it does put a bit of pressure on interest rate cuts, depending on the quarterly inflation figures and what else happens in the madhouse, formerly known as as the USA.
its clearly undervalued imho.
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Last
$1.62 |
Change
-0.005(0.31%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.64 | $1.60 | $73.54K | 45.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3939 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 1111 | 2 |
View Market Depth
| Last trade - 10.45am 17/06/2025 (20 minute delay) ? |
| SVR (ASX) Chart |