My point is in response to comments like this:
'Don't be ludicrous. What would you say about the consensus that was bullish at $12. I would say they made a mistake.'
Does the fact that people bought CBH at 60c make it not worth buying now? I don't know CBH but I would say that is no reason to write it off, just like the $12 FMG hit.
Each of these companies may be worth a lot more than these record highs one day.
I do agree, if you follow the consensus, you may not be doing any homework, and if you dont do any homework, you generally lose, as I have experienced myself.
commodities, interesting read, page-35
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Last
$17.01 |
Change
-0.330(1.90%) |
Mkt cap ! $52.37B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $16.98 | $102.9M | 6.018M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 108939 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 1750 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |