1. Maybe you also need to consider the number of shares you can buy. ie Quantity. Quality is now hopefully sorted, over the next 1-3 years. The cheaper the price, the more you can buy with your extra $. Sounds obvious and simple, but is a different perspective. 2. Then remember that doubling your money in 6-7 years, by reinvesting divs etc, on average gives you a pretty goid return. Does anyone here think that MSB won’t be $5 in 6-7 years time, or $10. And when MSB is $20 or $30, what will matter is how many shares you own, not whether you bought them at 2.70 or 2.30 or … I’ve bought up to over $5, and down to 0.28. And obviously it was a lot easier to buy more at 0.28 than at 5.10. My goal is simply to build up and keep buying whenever I have some spare $. And certainly never sell any for hopefully several years. 3. Plan to avoid seller regret when the SP suddenly and unexpectedly rises eg with early FDA Approval. 4. One doesn’t need to own too many CSL shares to earn a good annual dividend and hence pension to live off. And one doesn’t need to sell CSL shares to diversify and buy bank or other shares. 5. So, I’m more than happy for the SP to be below $2.00 in 2-3 weeks time so I can buy some more at under $2.70. And the more shares (the lower the SP) the better. As long as I don’t make myself fret and stress too much, of course, worrying about the liw SP. Remember Dockie, it’s much much higher than it was 12 months ago I remind myself. 6. Time will tell if I’m right. But at least I know I’m right for me, and comfy with all of my buy decisions, even at 5.10! GLTA. And this is not financial nor investing advice. Just another mug punter sharing my thoughts late on a Sunday night.
MSB Price at posting:
$2.09 Sentiment: Buy Disclosure: Held
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