“We know through probability, statistics, and experience that if you take a basket of loss-making companies with very optimistic assumptions in their valuations, and you were to short that basket, you skew the odds in your favour and are likely to make money over a long enough time horizon,” Clark says
These are the sort of fund managers that look at the value of Microsoft when they started up in a garage with an idea, and not have the foresight to lend them their garage.
ASM Chart Thread, page-3139
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Last
78.0¢ |
Change
-0.025(3.11%) |
Mkt cap ! $141.2M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 77.5¢ | $427.1K | 536.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2053 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASM (ASX) Chart |