Thanks for the kind thoughts @Owl vs Fox , it helps engender a...

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    Thanks for the kind thoughts @Owl vs Fox , it helps engender a great sense of community.

    This comment was written yesterday by a contributor on another investing forum. It really resonated for me, and I think applies to CDX , so would like to share it here. The MC will look after itself soon enough !

    My favourite entry point for a company is when there’s positive operational momentum and negative price momentum. When the business is performing well but the price has come back due to market sentiment for whatever reason (sector rotation, macro event, inflation worries etc.) I think it presents a good opportunity. I know the chances of me picking the bottom are near zero, but if there’s a company I really like performing well operationally but the price has come back to an attractive level I’ll buy it (or add to an existing holding). I’m willing to look past the current macro environment as I’m planning to hold these companies for long time. While markets are undoubtedly inefficient, they are forward looking and a lot of what is going on is already priced in.

    I’ll happily admit I have no idea what the market is going to do next week, next month, even over the next few months so I don’t time it but I’m confident the companies I own will be worth a lot more in a few years time if they can execute. I invest based on this outlook.



 
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(20min delay)
Last
3.5¢
Change
0.000(0.00%)
Mkt cap ! $19.25M
Open High Low Value Volume
3.5¢ 3.6¢ 3.5¢ $19.61K 559.3K

Buyers (Bids)

No. Vol. Price($)
2 92131 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 83361 1
View Market Depth
Last trade - 15.46pm 30/07/2025 (20 minute delay) ?
CDX (ASX) Chart
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