Your patience has been rewarded madamswer. every now and again Mr market and his short -selling side -kicks throw the baby out with the bath water. In the process they often (deliberately) scare the living daylights out of inexperienced longs, and voila.....you get a 20% + growing RoE business on a 11.5x PE (BTW, I agree with the way you adjust the PE for cash....obviously an old pro).
I am long around $28 from post-GFC when Mr Market last had a triple by-pass so haven't added to my holding this time around.....I've also been going through another silly bout of Mr market depression with FXL.....similar deal.
Its a $45 stock today, so you have done a great trade !
Priced like it is doomed, page-2
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Last
$17.50 |
Change
0.370(2.16%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.13 | $17.59 | $17.12 | $13.98M | 804.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 507 | $17.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 1126 | 15 |
View Market Depth
| Last trade - 14.39pm 28/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
