"...the old average down investing methodology."
Yes, a great wealth-creating strategy when you are happy to back yourself in terms of understanding fundamental valuation.
Because if you do know how to value listed equities, and you were happy buying a stock at a price of X because you had assessed that price under-valued the stock, then you should be even more happy to buy that same stock at a price of 0.95X or 0.90X.
No?
IOOF Holdings Analysis, page-18
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.12 |
Change
-0.015(0.48%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.14 | $3.06 | $1.978M | 635.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 44012 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 8936 | 13 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
