Nordesmic
Thanks - good summary of the situation.
I agree it will be some years before the RBA's interest rate returns to 3.5% - it would kill the economy. Poor presentation by the RBA, I suppose got the dogs running plus the fact that the Canadian CB recently hiked rates by 0.5% for the first time in 7 years. The AUD and CAD are basically level pegging.
My expectation had been for a lower AUD to basically offset most of the impact of a falling USD POG. That assumption has been proven wrong.
Loki
Nordesmic Thanks - good summary of the situation. I agree it...
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Last
33.8¢ |
Change
0.003(0.75%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.5¢ | 33.5¢ | $306.6K | 901.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 327698 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 369837 | 16 |
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| SBM (ASX) Chart |
