This is undervalued at present and if you have a med-long term view then purchase now at basement prices and watch your investment grow. You shouldn’t have to ever sell (apart from small numbers from now to then) and you can collect your dividends and watch this company grow to be over $8-10billion one day. If the EV is just starting what will it be like in 10-20years time.
My father picked up his ANZ and CBA below $10 and never sold a stock. Just collects his income from them nearly every year. (Excluding the recent covid crunch). Didn’t need to worry about capital gains tax. If you choose the company right at the right time you can just sit back and let it work for you.
I do think LLL will be one of those companies. As long as we don’t get taken out.
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