Will be interesting to watch MEA when it opens (halted for review of prospectus forecasts). Late history suggests 50% fall won't be unreasonable if it's not-good news (SPO, SGH, DSH, CAJ to think of a few). Throw in some recent headlines stoking housing bubble fears for good measure.
Few warning bells when it IPO'd for me included the CEO offloading a good chunk. I'm not yet ready to trade CFDs, but that and SGH have been very paper-profitable so far (actually unsure if MEA was short-able...?).
GMA is also interesting to watch for a short. Lenders mortgage insurance provider. They should be the first in line if loads of people start defaulting on mortgages (thinking of Syd/Melb apartment glut mainly).
- Forums
- ASX - By Stock
- XSO
- The Brains Trust - 2016
The Brains Trust - 2016, page-4743
-
-
- There are more pages in this discussion • 9,809 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XSO (ASX) to my watchlist
(20min delay)
|
|||||
Last
3,138.7 |
Change
4.000(0.13%) |
Mkt cap ! n/a |
Open | High | Low |
3,134.7 | 3,138.7 | 3,121.9 |
Featured News
XSO (ASX) Chart |