ARB 0.57% $40.31 arb corporation limited.

I posted on another ARB thread back in early May "If you're...

  1. 4,447 Posts.
    lightbulb Created with Sketch. 341
    "Verycreditablenumbersinatoughenvironment."

    IfaMartian-afinanciallyliterateone-landedonEarthforthefirsttime,andsomeoneshowedthatMartianthefollowingchart,andtolditthatchartspannedaperiodofquiteturbulenteconomicandpoliticaltimes,including:

    GlobalEconomicRecessionin2002/3
    MajorMiddleEastmilitaryconflict(2004/5),
    GlobalFinancialCrisis(2008/9),
    GreekDebtCrisis(2011)
    Brexit(2016)
    MiningBoomandBust(2016/7),
    ConstructionBoomandBust(2019),
    Variousebbsandflowsinconsumersentiment,
    Variousextremesinmacroeconomicinputssuchassteelpricesandexchangerates,

    and,moreover,thatthechartrepresentsanoutworkingthatrequiredabsolutelyzerorecoursetoshareholdersforcapitaloverthatperiod,what,IwonderwouldtheMartian'sresponsewouldbe?

    Viewattachment1701262


    Idefyanyonetoprovideachartofanyothercompanythatlookslikethat.

    .


    I posted on another ARB thread back in early May "If you're buying as a long term hold ARB is always a "buy", I learnt that the hard way...", that chart seems to confirm it. There may be a few ups and downs in the SP in the meantime, but long term...ah well, you know the rest. Of course I reserve the right to change my mind in the future.smile.png
 
watchlist Created with Sketch. Add ARB (ASX) to my watchlist
(20min delay)
Last
$40.31
Change
-0.230(0.57%)
Mkt cap ! $3.318B
Open High Low Value Volume
$40.38 $40.38 $39.62 $7.257M 180.4K

Buyers (Bids)

No. Vol. Price($)
1 200 $40.25
 

Sellers (Offers)

Price($) Vol. No.
$40.32 324 1
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
ARB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.