Too expensive is a dilemma and one you need to weigh with expected growth.
I was told CSL was too expensive when I bought at $99.40
I was told to wait on SOL to fall to $12 when I bought at $16.40
These two companies are 38% of my portfolio.
It is whether the market is confident these companies will continue to grow to support the high PE. Then SP will continue to rise.
Personally I am happy to continue to buy them on dips as there track record of good management gives me confidence they will just go up again.
I missed out on BKL thinking they were too expensive at $20 any many others.
Ann: Investor Presentation, page-3
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Last
$35.02 |
Change
0.350(1.01%) |
Mkt cap ! $12.41B | |||
| Open | High | Low | Value | Volume |
| $34.87 | $35.14 | $34.86 | $4.665M | 133.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 525 | $35.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.03 | 388 | 6 |
View Market Depth
| Last trade - 14.00pm 28/11/2024 (20 minute delay) ? |
| SOL (ASX) Chart |
