How much would you need to get in the future to pay $1 now? Let's assume 12 months, just for the heck of it
So one year from now, what return would be acceptable for you?
Would you be happy with $1.05 (5% interest)
How about $1.10 (10% interest)
How about $1.20 (20% interest)
What would you get from the bank? Or better yet, what is the current market risk-free rate?? Does it compare? I don't think it does
Or are you suggesting a year from now ISX won't be worth above $1.01 (the current basis of the market risk-free rate of 0.96%), because that is the argument you are trying to make
Don't assume all people on HC is an idiot, there are some that actually know what they are doing
Media Reports & SP manipulation and a brief excerpt from a Senate Inquiry (ASIC/ASX), page-101
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