I am not arguing about the fundamentals here but it can always get cheaper. If there is a bond panic overnight no doubt all stocks will suffer. There is a chance that before any news comes out we could see a significantly lower SP. You know that old chestnut 'the market can remain irrational longer than you can remain solvent'.
I am seeing a slow sell off across my portfolio today and for most of this month for that matter. Yes, after topping up considerably at .355 it is making me somewhat nervous. Originally I thought there would be no more major panics until after the US election in November but now I am not so sure with the recent concern over Spanish bonds etc.
Fingers crossed some news comes out before any major move down in the market. I'll be watching Murray Dawes you tube updates closely.
week beginning 16/4, page-20
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $76.02M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.8¢ | $80.69K | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 220800 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 223762 | 3 |
View Market Depth
| Last trade - 14.50pm 19/07/2024 (20 minute delay) ? |
| IVR (ASX) Chart |