EOF 5.13% 3.7¢ ecofibre limited

News: EOF Ecofibre Says Currently Expects HY NPAT Will Exceed FY Result For FY19, page-7

  1. 1,578 Posts.
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    I refer you to my original post, the last quarterly report, and the CEOs comments at the last AGM: we are not discussing a “losing stock”. It doesn’t matter what the price does. “Over there” refers to the EXL thread.

    EXL is a “losing stock”. Not because of the price, but because it is run by people who keep running out of money. This company does not keep running out of money. It makes money. Losing stocks are stocks that don’t create wealth like EXL. EXL consumes wealth. This company creates wealth.

    Thus my question, why would you sell a company that MAKES MONEY. The other poster referred to a temporal stock price. I pointed out how utterly silly and poverty inflicting that kind of logic is.
    Last edited by HempCFO: 13/12/19
 
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