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will be applying most of my bid thru bells...avoid morgans i...

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nih123

619 Posts.

23/10/14

09:10

Post #: 14167363
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Originally posted by nih123 ↑

defo not going in hard. just quick stag to first indexation. if it flops and go hard, could lose as well. i dont see any long term business potential(MER cost cutting has been done for 3 years, and not an improvement in NPAT) and whatever MER cost cutting is in the price.

real money can only be made by buying in market crashes ala GFC or market corrections.

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will be applying most of my bid thru bells...avoid morgans i heard $1bn bids in system already(katavi). thats crazy stuff

it seems a lot of "demand" in these floats is just retail chasing a quick buck. fast forward 6 months, demand isnt there anymore.
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