Cannot understand the pattern of Seven stock. Up and down like Yo Yo. at one stage it was up 6.5% with no news. Well, I don't know why and how I end up with more and more SEV stocks. By all measure, it should be $8+ stock, with so much lazy cash, good and bad investments.
At current price, Anyone can buy it,strip off cash and investment to pay off stakeholders, and still end up piles of cash, and holding truck loads of phony businesses, including Chanel Seven.
This is one of the a few stocks I deposit my cash, and hoping for reasonable payoff, and at the same time, with limited downside risk.
I know someone else can see more than I see. This is why the stock refuse to go up any time soon.
Any smart guys on this thread can enlighten me with a reason? Thanks in advance.
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