^ if the above was brought in..
All..Share prices would be up well over 50% overnight...particularly hi growth, mining, tech, biotech ...but all stocks evetually..
and probably even up to 100% over following financial year....
But don't be fooled, so would so called "large caps" and "blue chips"...
Why?
Big super and instos would be forced to take "on market" risk (if they wanted any reward) and they desired any piece of earnings growth action...
So what would that be in terms of overall market cap?
Well do the math... even if the rise I mentioned above was only 10%....heck only 5%.... that would dwarf any finding of any "losses" found (to others) at the (recent) BRC....
That is how much of an existing shareholder heist is really going on IMO....
Just MO/NA
Why is ASIC MIA?, page-5
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Last
$6.60 |
Change
-0.210(3.08%) |
Mkt cap ! $2.168B | |||
| Open | High | Low | Value | Volume |
| $6.55 | $6.73 | $6.53 | $6.262M | 949.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1906 | $6.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.63 | 6143 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| NXL (ASX) Chart |