Haha I know you're responding to me Ronnie. You don't have to pretend that you're not.
That's all good to say that you're getting in at the top, but who's to say that is the case? Coal has just shot through ATH and you look at the Coal Futures 5 years ahead, it's still above 245 USD (360 AUD). AISC is 80 AUD thereabouts. So these coal companies are making some serious gravy on PE ratio's of around 2 (lol). But yeh no worries, leave your money in cash. Buy BBOZ/BBUS (please don't). Buy gold (done nothing).
- Forums
- ASX - General
- Its Over
Its Over, page-13614
-
-
- There are more pages in this discussion • 9,915 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)