They would have had as much information on performance as the rest of us, unless the company was flagrantly breaching continuous disclosure (which I don’t believe for a second). Anyway those guys who invested probably don’t worry about the next quarterly, when investing $75m, given that quantum of capital it self evidently a long term play.
All I’m saying is that you are a mug to take comfort from thinking that a big institution taking a punt is somehow validation of short term factors in and of itself - they get it wrong timing-wise (and overall) sometimes like the rest of us.
- Forums
- ASX - By Stock
- GSW
- Big announcements coming in the next 2 weeks
Big announcements coming in the next 2 weeks, page-23
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)