The RBA is between a rock and a hard place.
If it increased interest rates prior to 14 or 21 May 2022, the Coalition might accuse it of favouring Labor.
If it doesn't (which seems certain), Labor may accuse it of pandering to the Coalition.
I agree interest rate rises will be higher than predicted, and arrive here in June 2022. The sharemarket won't like it but companies like QAN with high (and rising) debt loads should (in theory) be the worst hit.
The RBA is between a rock and a hard place.If it increased...
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Last
$6.09 |
Change
0.090(1.50%) |
Mkt cap ! $9.923B | |||
| Open | High | Low | Value | Volume |
| $5.99 | $6.09 | $5.96 | $28.28M | 4.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23179 | $6.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.09 | 254 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |