Sweatshield,
the "best" type of long term investment - is one where a company earns high rates of return on equity, and doesn't need to spend most of the earnings on replacement PPE (or reserves)........
one then needs to value these cashflows - and try and aquire at a discount to "value" ........value is driven by discount rate, and growth rate....
have a read of roger Montgomery's site / blog .......
the Australian market has very very very few of these types of companies !!!!!!!!!!!!!!!!!!!
having said that - STO is a play over future commodity prices.....
rgds
V_H
18 Year Time Horizon - Buy or Not, page-9
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Last
$6.86 |
Change
0.040(0.59%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.86 | $30.75M | 4.429M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 10963 | $6.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.87 | 89111 | 50 |
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| Last trade - 13.40pm 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
