Just watched the short clip on this. Here is the reason for the SP lagging. $2.5M for H1 profit and a P: E of circa 46. With big enough rear view mirrors investors with limited DD skills or not enough time to get this right will falsely believe this is also the story going forward.
That is just plain wrong. Other investors have to wait for the hard numbers to be there in print and in a way I don't blame them as quite often things don't pan out. I prefer to look ahead as it provides opportunity to get on the lower ground floor for the whole ride. The 3rd quarter is in and the direction on the hard numbers is clear enough for me.
I am confident in my own skills and selection process, and position that I don't have to sell - to sit and wait.
How long? Are we there yet? I don't think it will take as long as a lot think, we shall see.
Cheers, CW DYOR&DD
FML Price at posting:
4.8¢ Sentiment: LT Buy Disclosure: Held
