and again having European money is much better than having Aussie in and out retailers.
they tend to stay forever till they achieve their long term goal while Aussies are happy to sell at 20% profit or stop loss at 5%.
everyone calls ASX a joke and circus as it’s extremely hard to see genuine investors.
it doesn’t really matter SP goes up or down as long as the company is proving its value if you are in for long.
now the discovery funds are heavily invested, shares are in the safer hands, management will feel a lot less pressure to please Aussie retailers, they can focus on their long term goals.
if you are in for long this is a great sign.
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