Another nut job writing rubbish to get noticed. So this bloke says 75% of the ASX companies at risk of collapse. Next he'll be telling us that the world is about to blow up and everybody's house will be worthless.
Warning issued that 75% of all ASX-listed companies at risk of collapse
Australian investors are facing a “nightmare” scenario as more than 75 per cent of all listed stocks teeter on the brink of collapse.
A new report released by financial market research firm Stock Doctor on Thursday found that a whopping 70 per cent of ASX-listed companies are “at serious risk of failure”.
The sobering results, from the Australian Securities Exchange (ASX) 2023 Australian Investor Study, also concluded that 77.8 per cent of all companies open to public shareholders meet the criteria to be considered “unhealthy”.
AMC Price at posting:
$15.10 Sentiment: Buy Disclosure: Held
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