ALF 0.00% 85.0¢ australian leaders fund limited

eerrtt, The selling can continue as most stocks will be about to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 689 Posts.
    lightbulb Created with Sketch. 46
    eerrtt,

    The selling can continue as most stocks will be about to go ex dividend & prices will fall as a result.
    Further selling should also be expected as a result of the A$ falling against the US$ which means funds will be withdrawn from Australia & not returned until the A$ looks to have bottomed.

    Weakness in China will also weigh down on both the A$ & stocks.

    This should give the opportunity for an excellent buying opportunity so keep your dividends & look to buy with any excessive weakness. October is historically a troublesome month for Australian stocks but it often gives great buying opportunities.
 
watchlist Created with Sketch. Add ALF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.