there’s absolutely more unwinding than meets the eye right now. All the FUM’s across the market are getting peeled back. Inflation seems to be worse than made out.I’d be guessing that inflation news spooked a few who know how markets work. First leg down. The market made an embarrassingly weak comeback and to me this is highly concerning. I’d say from here inflation will roll on. It’ll start to press margin limits and LVL’s. Once we start seeing dramatic selling, it’ll coincide with cuts to corporate earnings. I reckon the bottom will come once a few MNC’s flop. Probably enduring this cycle for a few more months. Maybe a year. And maybe 4-5 years to reverse the damage.We all grown accustom to V recoveries because of government bailouts. But now the government gots no money, and they to have to make good on debts. We’s all know that things are about to get real.The developed world is about to learn the definition of living on poverty
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Last
$2.78 |
Change
0.050(1.83%) |
Mkt cap ! $8.210B |
Open | High | Low | Value | Volume |
$2.78 | $2.79 | $2.72 | $6.301M | 2.277M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | $2.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.78 | 21523 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10000 | 2.770 |
2 | 8035 | 2.760 |
1 | 500 | 2.750 |
1 | 2500 | 2.740 |
1 | 117 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.780 | 21523 | 1 |
2.790 | 46900 | 6 |
2.800 | 41040 | 7 |
2.810 | 3774 | 1 |
2.820 | 28823 | 1 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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GQG (ASX) Chart |