ASX Thread

Current memes I'm watching are Noxopharm (NOX), MMJ Phytotech (MMJ) and Brainchip (BRN).

I have 50k in a term deposit that will mature in August. I'll probably end up putting it into STW, VAF and VAP, with a little left over for meme companies and crypto.

Granted I'm new here, but is it normal for people here to deal almost exclusively in low-cap penny dreadful garbage?

Genuine thoughts on the MLS announcement yesterday?

>>2240290
Yes.
A lot of the stocks recommended here are garbage.
But with high risk comes the possibility of high return

>>2240299

I'll see myself out then.

Did you stockfags know that the ASX has contracted Digital Asset https://digitalasset.com/ to build out a new blockchain based trading platform for currently listed stock?
Prepare your asses for major volatility when they remove the barrier to entry and open the market to 10 million more players with heavily reduced transaction costs.
https://digitalasset.com/static/documents/30_22Jun_ASX%20Increases%20Investment%20in%20Digital%20Asset%20Holdings.pdf

>>2240332
No idea what you're saying.
Explain like im five?

If you can get stocks in Digital Asset can you please tell me how?

>>2240337
You didn't read anything did you?
ASX has made the decision to adopt hyperledger blockchain technology to rebuild the ASX platform.
They're basically going to copy cryptocurrency platforms but will be listing ASX stocks on it.
With an ease of entry like this they can then allow average people near immediate access to ASX listed stocks at lower volumes.
This will create a boom in ASX stocks pushing the market either into a bubble or just allowing more people to take part with smaller amounts of money.
CHESS will be deactivated. If you have any stock in CHESS or anything near it, get that shit out asap.

Fucking hell if I just had some decent capital I'd shit all over this game. Why the fuck am I poor? Someone lend me $10k for a month

>>2240351
Whats CHESS?
So its a good thing?

>>2240364
holy shit dude, maybe you should learn to use google before trying it in the ASX and crypto markets.