Just look at the whole AU market ...... Its ...... until liquidity comes back.
2021 All Time High for all US & AU stocks because of the money printing going into the markets.
Last 2 years the Markets have been destroyed because of the Mega Interest Rates Hikes.
So now the markets are waiting for the end of this Interest Rates Hikes & hopefully Interest Rates Cuts soon next year.
There are also waaaaaay too many listed companies on the ASX today all fighting for a small pool of capital at the moment which is a good thing.
These Directors have to work harder & proof themselves worthy of investing in & it is in these Bear Markets you start to see who are the great Directors and who are just lifestyle Directors.
Most of the capital is also sitting on the sidelines.
In saying all this, this is probably one of the best buying opportunities before the money comes back into the juniors.
GLTA
SVY Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held
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