The race to $100 on the ASX..

James Marlay

Livewire Markets

The race to $100 on the ASX... Doing the rounds is SportingBet's market for the first stock to hit $100. In the running is CBA, Cochlear, CSL, Macquarie, RIO Tinto and Ramsay Healthcare. In the short time since the email hit my inbox the odds on MQG have come in from $71 to $51 - with CBA the favourite paying $2.50. While light hearted in nature I must say the prospect of betting on a race to $100 for listed companies does have the slight whiff of a frothy market...


James Marlay
Co Founder
Livewire Markets

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