arguments for the bearish case...
have a look at xao on a monthly chart and ask yourself if you think share prices are going to go up, down or sideways from here...
As far as fundamentals go...
if people are happy to pay 'normal' PE's for stocks in the middle of a boom period with green buttons getting pressed on every second rate mining project and a recession looking likely... good luck.
warning 2007 crash, page-27
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$67.56 |
Change
0.920(1.38%) |
Mkt cap ! $13.09B | |||
| Open | High | Low | Value | Volume |
| $67.20 | $67.88 | $66.66 | $22.53M | 334.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | $67.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $67.60 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |