MSB Trading 2021 - paradigm shift, page-602

PE ratio's on the nasdaq average 35 x. In Australia av pe 18x. Yanks buy stock for price appreciation, Aussies buy for divies. At the moment it's not rewarding enough to play the arbitrage game. Once we get one indication ticked off by the FDA, then we'll see the nasdaq skate away from us. MSB is mainly held by retail, but that will change as insto's buy in. According to @ecoool2, that would take about 3 yrs. In that ensuing 3yrs.is where it's likely the Yanks will buy on the asx and transfer to the nasdaq. That's why i said before it's imperative to hang on to your shares. If there's anything learnt from ecoool2 at all, that's do'nt try and trade to the top. You'll get caught out.