Thanks, that’s why I want to buy but by the 3 metrics you show the last 3 year covid (lockdown, stimulus, wfh etc) impacted years are clearly the best, thats perhaps brought forward spend & one offs
Now coming into a period that’ll probably be in recession or reduced expenditure at least & little imperative to update, those graphs are likely to reverse & that can have a dramatic effect on weak holds, self fulfilling technical’s & sentiment generally
Couple that with a market sell off & this thing will get dropped into the bargain bin
I’ll nibble around low 8’s but I wouldn’t be surprised to see in in the 6’s where I’d load up
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