I love how just about every cult member has an average below the current price. Amazing really when you realise the SP was north of 5 bucks at a frenzy stage a few years ago. I say no more than that.
But, I can say that it amusing to constantly hear about cult averages as if that means anything. I mean, isn’t it the idea that you actually increase wealth by risking the money you invest? I mean, the sharemarket has gone absolutely gangbusters over the last ten years. A lot of balanced superannuation funds have been averaging 10% growth every year. Year on year. With none of the significant risk you will loose all your moolah. A lot of index EFTs are the same.
So, should the doubt ever be removed, the SP will need to be over 10 bucks to make that wonderful journey even remotely worth the opportunity cost of investing in msb.
2022 ... Get your popcorn out!, page-442
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Last
$1.25 |
Change
0.035(2.89%) |
Mkt cap ! $1.421B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.25 | $1.18 | $4.096M | 3.347M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 36989 | 4 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |