Whilst I wouldn't buy any Matrix shares at their current prices I certainly wouldn't sell any either.
In the case of Matrix I reckon the analysts forecasting future profits and growth opportunities have got it wrong and this company's going to be a great money earner for those investors with patience.
Great companies (and more precisely great investing opportunities) don't come along all that often so I've always been very hesitant to sell any shares in great businesses just because I think them slightly overpriced.
Great businesses deserve to trade at a premium to what might be considered 'fair value' and Matrix is one of Australia's finest businesses.
Whilst I wouldn't buy any Matrix shares at their current prices...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $55.45K | 242.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113179 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28075 | 2 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
