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
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.00 |
Change
0.020(0.12%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.01 | $17.18 | $16.98 | $18.14M | 1.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6735 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.01 | 75 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
