Falling Oil prices is a good stimulus for World GDP Growth similar to a Tax cut = Worldwide Opex deflation = consumer spending growth = asset growth = business investment = Infrastructure development = higher prices for copper + IO
IO will bottom ..world growth will kick in now .. OIL was like a heavy burden Tax on all economies ..especially poor countries ,. now .. India + Asia + Africa will have lower OPEX ..for consumers and industries ..= higher margins = higher wages = higher sales = investment growth ..= infrastructure and housing growth .= higher commodities IO + copper / zinc / nickle
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $416.6M |
Open | High | Low | Value | Volume |
36.0¢ | 36.0¢ | 35.5¢ | $23.18K | 64.39K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 135854 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 31513 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 135854 | 0.355 |
29 | 1305381 | 0.350 |
8 | 103235 | 0.345 |
9 | 86887 | 0.340 |
11 | 99201 | 0.335 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 66513 | 13 |
0.365 | 179967 | 13 |
0.370 | 176732 | 8 |
0.375 | 319717 | 10 |
0.380 | 154462 | 9 |
Last trade - 10.36am 19/07/2024 (20 minute delay) ? |
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