"Verycreditablenumbersinatoughenvironment."
IfaMartian-afinanciallyliterateone-landedonEarthforthefirsttime,andsomeoneshowedthatMartianthefollowingchart,andtolditthatchartspannedaperiodofquiteturbulenteconomicandpoliticaltimes,including:
GlobalEconomicRecessionin2002/3
MajorMiddleEastmilitaryconflict(2004/5),
GlobalFinancialCrisis(2008/9),
GreekDebtCrisis(2011)
Brexit(2016)
MiningBoomandBust(2016/7),
ConstructionBoomandBust(2019),
Variousebbsandflowsinconsumersentiment,
Variousextremesinmacroeconomicinputssuchassteelpricesandexchangerates,
and,moreover,thatthechartrepresentsanoutworkingthatrequiredabsolutelyzerorecoursetoshareholdersforcapitaloverthatperiod,what,IwonderwouldtheMartian'sresponsewouldbe?
Viewattachment1701262
Idefyanyonetoprovideachartofanyothercompanythatlookslikethat.
.
I posted on another ARB thread back in early May "If you're buying as a long term hold ARB is always a "buy", I learnt that the hard way...", that chart seems to confirm it. There may be a few ups and downs in the SP in the meantime, but long term...ah well, you know the rest. Of course I reserve the right to change my mind in the future.
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Last
$42.72 |
Change
-0.430(1.00%) |
Mkt cap ! $3.517B |
Open | High | Low | Value | Volume |
$44.24 | $44.24 | $41.75 | $10.67M | 250.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 525 | $42.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.80 | 743 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 71 | 42.030 |
1 | 300 | 42.000 |
1 | 239 | 41.750 |
1 | 24 | 41.700 |
1 | 1000 | 41.500 |
Price($) | Vol. | No. |
---|---|---|
45.000 | 200 | 1 |
45.130 | 110 | 1 |
45.350 | 500 | 1 |
46.000 | 50 | 1 |
46.650 | 59 | 1 |
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