to make you feel better - topped up WBC on the first day too. But kept buying more in the $24s.
TWE, isn’t a westpac. It’s a much smaller cap, albeit still a decent size and investment worthy. We don’t have a large TWE holding either, only demerger shares. However like you, I see value somewhere. I’m just cautious given its previous price in my opinion was unjustified. It’s not a ‘value buy’ at $12.35. And we don’t know where the market will eventually place it’s trading value. Growth is clearly gone.
Personally, I love this business, I drop thousands on premium TWE related products every year. I’m just a value investor, can’t see this as a compelling buy yet.
TWE Price at posting:
$12.35 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)