The rises over the last month or so would be influenced by the "dividend chasers" returning to the markets. I thought that shareholders chasing dividends after the last interest reate drop would have immediately started to buy what I call the second stringers eg those stocks with pretty good fundamentals paying good dividends and posessing a more than reasonable chance of some capital growth. It took a bit longer than I thought it would because "advisers" have still been sprouting the 4 major banks, telstra, wesfarmers etc but in the last month or so there have been lots of the second stringers charging on eg MTS, TOL, BEN, TAH to name just a few. I bought all these a few months ago and I'm starting to have a nice little ride on them all capital growth wise and the divs will all be good and 100% franked makes them even better. I expect there to be a reasonable run in the market whilst interest rates remain low forcing anyone with money to invest/or live on back into the maket especially with not a lot of bad news/less risk happening. Probably a few stops and starts coming up to June but I see a big rise in our market after June when we go from 9% to 12 % into super - that extra 3 % will be a lot of dollars they will be investing in the market especially the top 200 players. Just my opinion guys and happy to be told I'm wrong.
Warren
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Last
$3.58 |
Change
0.040(1.13%) |
Mkt cap ! $3.902B |
Open | High | Low | Value | Volume |
$3.57 | $3.58 | $3.55 | $4.883M | 1.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 119530 | $3.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.58 | 86175 | 48 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 129800 | 3.570 |
23 | 123165 | 3.560 |
28 | 177214 | 3.550 |
16 | 147876 | 3.540 |
16 | 68027 | 3.530 |
Price($) | Vol. | No. |
---|---|---|
3.580 | 85763 | 48 |
3.590 | 119252 | 32 |
3.600 | 25443 | 9 |
3.610 | 176059 | 10 |
3.620 | 23231 | 8 |
Last trade - 15.28pm 12/08/2024 (20 minute delay) ? |
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