According to the Australian Share Ownership Study by the ASX, overall share ownership among Australians dropped to 6.7 million in 2008, or just 41%. That was down from 46% ownership near the top of the market in 2006. According to Chris Zappone in The Age, “The study shows risk-wary investors saying they “they preferred blue-chip shares” amid falling confidence in the overall market.”
June 29th, 2009 | Dan Denning | 3 comments | Continued
