hey kittie kittie, darn right.
We all know that Ding out meant better deal to be done with the AUS-US exchange rates rising, and it was only a matter of time before a new superior deal would be done.
And lets not forget the basics, massive deposit, close to port.
So who would sell?
To all those that sold and look to get it at higher prices, ha.
GET IT INTO YOUR HEADS
You buy stock in a company with massive upside,
and you HOLD HOLD HOLD, no matter fw the SP does, because if you sell, you simply join the bunch of teary eyed drop kicks looking for the tissues, complaining how their stock lost value.
Well, you SP may have fallen, but nothing changed within the value of the company!!!!!
Derrr!!!
Plainly in due course, a great asset will be realisied and the true value be reflected in the SP.
But each to their own. They probably sold and put their money on something else that has fallen in SP, compounding and esculating their exit from the market.
If it's good, bottom draw and forget what the SP does in the short term.
You buy for a 2-5 year hold IMO, so a dip is of no short term consequences, so dont make emotive decisions that will leave you being the fool.
But that's just my take on it.
cheers
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