Chart, page-802

It is a case of opportunity cost, and different investment strategies.

Nothing fundamentally has is wrong with FLC, in fact it is at bargain prices and unlikely to go much lower ... but without further 'short term' positives .. it is also unlikely to go much higher.

so if there is another stock you think will go higher in the short term... money will go out of FLC and into those stocks.

Long term holders get the benefit of the 50% CGT discount, so there is nothing wrong with buying now if the intention is to hold long term. so long as the SP goes up of course, which I am confident it will - hence I have topped up this week.