feeny hold to your beliefs, so long as you are not using heavy gearing, the market will revalue the stock in its own time.
Dont forget Warren Buffets quote that in the short term the market is a voting machine but in the long term its a weighing machine.
Just make sure that when doing your analysis that you ensure that there is no going concern risk. So long as there is minimal risk of the underlying business going bankrupt then just use a dollar average policy. Its foolish to try to predict where this stock will go in the future.
If you look back at the dot.com crisis there were several companies that got trashed even though their fundamentals were always good (Melbourne IT, and Data 3 come to mind).
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feeny hold to your beliefs, so long as you are not using heavy...
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Last
$17.51 |
Change
0.120(0.69%) |
Mkt cap ! $4.754B |
Open | High | Low | Value | Volume |
$17.48 | $17.62 | $17.31 | $12.57M | 718.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8551 | $17.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.52 | 38 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 234 | 41.360 |
1 | 499 | 41.350 |
2 | 3223 | 41.330 |
2 | 4967 | 41.310 |
2 | 5694 | 41.290 |
Price($) | Vol. | No. |
---|---|---|
41.380 | 1297 | 1 |
41.400 | 9976 | 3 |
41.430 | 2000 | 1 |
41.440 | 5520 | 3 |
41.470 | 8224 | 2 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
FLT (ASX) Chart |