Hello to you, perhaps you can help me here?
I bought a few of these in November to make me keep an eye on them.
My partner has some ethical funds in her super and AEF came to my attention.
Love the space it operates in and believe it will continue to flourish into the future as long as management is good.
I hated the price, so spent just 2% of capital to make sure I watched the company.
It has continued to rocket and yesterday saw me look at my portfolio for the first time since before Christmas as the predicted market wobbles presented buying opportunities.
Today I am looking at AEF.
ANZ share trading says it now has a P/E of 71!
I am no chartist but it looks to me like a head and shoulders is forming, indicating a significant sp fall.
I will keep my powder dry for a bit longer I decided, but now I am wondering if I should take my gain of around 60% as well?
I am retired, no CGT to worry about as in SMSF.
What do you think?
Cheers,
(20min delay)