When I arrive in Perth from Singapore 4 years ago, I believe the price back then , just prior to the Global Financial Crisis was AUD$3 dollar ish,
it only came down , as with EVERY other share
Sub AUD$1 to me is a good buy; DYOR
But as with anything else, there's always a risk, with management, $$$ in the kitty, project over run, delays, leadership style, insto support, macro economy support for the stuff MOL produces, etc.
So, please do NOT say something which is not true, It's not that many years, And in stock, one has to be patient.
have a great week,
agathos, Perth.
MOL Price at posting:
$1.05 Sentiment: LT Buy Disclosure: Not Held