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10.0% 0.9¢ polarx limited

Warren Buffett's investment philosophy favoured acquiring 'cigar...

  1. johndone
    1,692 Posts.
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    26/05/24
    10:38
    Post #: 74011597
    Warren Buffett's investment philosophy favoured acquiring 'cigar butt' companies – struggling businesses available at prices well below the book value of their assets. Buying companies at rock bottom prices provided a margin of safety, as the assets could be liquidated to generate a healthy return. Maybe NST might have same philosophy
    PXX Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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