TOY 0.00% 5.5¢ toys'r'us anz limited

not the time to buy

  1. 3,298 Posts.
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    Have recently had a quick look at FUN due to its recent share price falls. Happy to watch from the side lines given I believe there is a large seller in the market possibly related to tax loss selling & plenty of internal issues that need to be addressed. A few years ago this stock drop to 3 cents then rose to over 25 cents, so it is a matter of knowing when it has bottomed before entering the waters. Sale of Madman business doesn't solve all their issues in the long term only lowers their debt level but worth watching ASX announcements going forward.
    Regards
    Buffett
 
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