Most of us at some point fell in the trap believing rather question decisions made by Ci1 even when some investors early on question the direction Ci1 was taking the response was to tempt cancel those investors out left on the side line and ignored and the irony was that they were right who voiced concerns early on.
Having said 2024 including 2023 hasn’t been all that friendly to all companies regarding profits,Tabcorp write downs est of $1.4 billion and possibly more than 31% of companies have a dip in profits in 2024 possibly more in 2023, some would argue USA are in recessions however the reality whilst including stupidity decisions made by Ci1 and adding salt the womb you also have a pro longed period of a down in profits for MANY companies. Some exemption to the rule eg Banks seem to be doing ok at the min perhaps their last to feel the impact of lower profits.
not professional DYOR
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