Chart is getting smashed as growth stocks (high PE) are out favour as we have very high yeilds on fixed income (TNX close to a 5% yeild).
In the long term IMHO fundamentals drive price. Maybe in the short term its "Mr Market".
TYR which is trading on a very high multiple( ie: 94 ) & is being treated like a growth stock. Being sold off due to the uncertainty right now. Is the next support level the june lows 93 cents?
Chart is getting smashed as growth stocks (high PE) are out...
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 (20min delay)
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Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $441.1M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 86.5¢ | 82.0¢ | $4.854M | 5.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 49512 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 5204 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| TYR (ASX) Chart |