p/e is not a good indicator in valuing stocks. This weeks move has been a risk assessment. It is totally unrelated to the stocks themselves, but more to the environment surrounding them.
China has already had its bubble. Too late fellas. The next correction we have will be a crash, there is almost no question in my mind.
If some of you learnt how to short the market we wouldnt hear this defensive crap about p/e's and liquidity every single dam day.
who thinks this is start of major correction, page-29
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Last
$63.77 |
Change
-0.390(0.61%) |
Mkt cap ! $12.36B | |||
| Open | High | Low | Value | Volume |
| $63.63 | $63.90 | $63.21 | $18.54M | 291.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9 | $63.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $63.79 | 13 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |