XAO 0.59% 8,703.1 all ordinaries

Short Term Trading Week Starting : 15 Oct, page-59

  1. 7,822 Posts.
    lightbulb Created with Sketch. 269
    well done to anyone with a pocketful of bio's......i cant get my head around them, and usually end up being scorched.....
    i'm struggling to see how the values, and price jumps can be justified, but, i hope that it may be the kickstarter that gets the spec market going again.
    the contrarian in me has me poking around the boneyard, as usual, collecting the usual suspects, where values have become quite appealing. Soon enough, the worm will turn, i'm not aware the world has stopped using resources lately, so....no reason why the mining specs wont make a comeback
    down at basement prices would be RMX SLZ TAO for starters....as well as potential plays such as OVL NAE FIN CDT EHX AVW
    very keen on some coal stocks, like B2Y, and a couple of coal shells/minnows like CCJ IKW
    with any luck, interest will return, deals are still being done, but i suspect many are being held back for sunnier weather, and few are game, just yet, to announce a deal, with the inevitable sell off...
    so...given the markets goldfish like attention span, what will be next ??
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.