“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.
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Last
72.0¢ |
Change
0.035(5.11%) |
Mkt cap ! $130.5M | |||
| Open | High | Low | Value | Volume |
| 68.5¢ | 77.5¢ | 68.5¢ | $844.7K | 1.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7565 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 12801 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| ASM (ASX) Chart |