ALU and the share market generally has rebounded but seems like a pretty fluffy rebound :-
- covid19 is likely to go ballistic in US so more negative news to come.
- economic impacts have been talked about endlessly but real downside yet to be experienced.
- despite China “saying” they are on top of the Coronavirus - Europe, Indonesia now and the US in particular have not done enough to curb the escalation in cases.
- Trump wants to talk up US getting back to work whilst the health crisis is yet to peak. Could be his biggest miscalculation.
whilst the market will rebound ahead of economics hard to see real upside yet.
Where is the bottom, page-19
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Last
$68.25 |
Change
0.070(0.10%) |
Mkt cap ! $9.004B | |||
| Open | High | Low | Value | Volume |
| $68.19 | $68.25 | $68.18 | $132.2M | 1.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $68.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $68.26 | 5009 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| ALU (ASX) Chart |