I have no idea where the short term bottom will be.
The macro market is finally becoming very fearful.
People are screaming get me out of here, as they watch their portfolio diminish by the day.
To top it off we have low liquidity in the market (market over owned by people liking shares in the last few years, and not enough new buyers).
So this is my kind of environment, have confidence in stocks so long as you have done your fundamental homework on the value not share price of the underlying companies, and hold a diversified portfolio (in case your fundamentals on any one stock is wrong).
I topped up again today, my exposure to SWM now 2.5% of the portfolio.
I have no idea where the short term bottom will be.The macro...
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $284.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75919 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 575 | 1 |
View Market Depth
| Last trade - 09.35am 02/07/2024 (20 minute delay) ? |
| SWM (ASX) Chart |
Day chart unavailable