THE FINANCE GHOST: Transaction Capital goes crash! Boom! Bang!

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Australia News News

Transaction Capital is the latest share to horrify investors, but, technically speaking, there were ways to play its market plunge, writes FinanceGhost.

As Roxette found their way into my Spotify suggestions last week, I was reminded of lyrics that describe the recent experience of many investors: “’Cause every time I seem to fall in love … Crash! Boom! Bang!”

There have been a few really good examples of absolute carnage on both local and offshore markets in the past year or so. Still drunk on stimulus money, there were share prices that were waiting to crack. When the crack came, it was brutal...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

International Finance: China overnight funding rate soars ahead of PBOC easing moveSigns of a cash squeeze are appearing in China as the quarter-end approaches, underscoring how the nation’s economic rebound is driving demand for loans and prompting the central bank to ease policy.
Source: dailymaverick - 🏆 3. / 84 Read more »

Africa must urgently invest in economic recovery, Finance Ministers UrgePress Release - Addis Ababa, 21 March 2023 (ECA) - Africa should deploy innovative resource mobilization and accelerate economic recovery from multiple crises which have eroded two decades of development gains and increased poverty, Ministers of Finance have urged.
Source: allafrica - 🏆 1. / 99 Read more »

Daily Investor – Reach South Africa’s investors and finance professionalsDaily Investor was launched by Broad Media in 2022 and has quickly become South Africa’s premier investment news and analysis platform.
Source: BusinessTechSA - 🏆 24. / 61 Read more »