"I have almost zero doubt that history will repeat itself.
When the company cheque book gets taken out of the bank vault and returned to the BOL board in 12 months'time, watch out."
Indeed. Much as I think of myself as an acquirer of a part interest in businesses, and that my marker is intrinsic value, when I invest in a business like this, "intrinsic value" takes on a different aroma.
For if a can't trust the management to deliver me any free cashflows, at some point in the future, then I will be more than happy for other market participants, who are more forgiving than I, to relieve me of the opportunity.
"I have almost zero doubt that history will repeat itself. When...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.80M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.3¢ | 14.0¢ | $22.78K | 162.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101179 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 278210 | 4 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| BOL (ASX) Chart |
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