Dapper I put it down to a broad lack of faith in Australian consumer spending with increasing talk of widespread conservative/defensive behaviour, while talk of a recession is thrown around in various media. Remember the Amazon effect? That's when i bought in. Don't forget Blundy. His share in the company along with Daniel is substantial, and i have faith their vision extends beyond a few years. If you didnt sell at 1.68, and it wreaks havoc on your stress levels now, then all you can do is make sure you sell next time at those levels. The market IS irrational often, and youve got to put on the gimp suit every now and then while you get violated I know i have. You come out the other side stronger. We'll get smashed if guidance is at the lower end. It all comes down to faith in Blundy and Daniel A.
AX1 Price at posting:
$1.29 Sentiment: Buy 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.
I know i have. You come out the other side stronger.
(20min delay)