Originally posted by tris06
My thinking is just what percentage of shareholders bought above $6, 6.50 or even $7 dollars? I think the majority of those shareholders will not want to sell out below what they bought them for. If they didn't want to hold the stock they would have already sold out.
The article on street talk has a very negative first paragraph about the company in saying debt is too high compared to earnings. Obviously using the headline profits from end of FY numbers. underlying profit before one offs costs was not bad.
Anyway sitting back and enjoying the ride.
When I bought into this company, I was thinking 3-5 to 7 years ahead, 50c profit per share, quick profit, does not interest me, I will vote no, I just think it has a great future.
