I am never good at explaining things, but John Abernethy and Alan Kohlher always talk about the bond yields being depressingly low, which forces other assets to be overvalued as investors seek other alternatives.
AK has said something in this weekly emails, but I don't subscribe to Eureka anymore so you'd have to get a trial and trawl there, but this was an excellent read:
http://www.copyright link/f/free/bl...irees_living_standards_8DljVrNdZFpc3AmNUValkN
Hope it helps
valuation is ridiculous..., page-33
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Last
$3.59 |
Change
-0.010(0.28%) |
Mkt cap ! $9.886B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.61 | $3.55 | $20.02M | 5.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 31700 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 39725 | 8 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| MPL (ASX) Chart |