Aceboy nothing about personal vendettas to get it right.
Think about it like a casino, except with a casino each spin has independent probability.
For share investing, a lower price paid, all other factors being equal has a higher probability of generating a higher future return, and a higher share price paid has, all other factors being equal a higher probability of generating a lower future return.
ie dependent probability.
Thats why I love the share market
Ann: Pause in Trading, page-153
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Last
$8.71 |
Change
0.160(1.87%) |
Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $8.63 | $8.76 | $8.61 | $3.119M | 358.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5680 | $8.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.72 | 2295 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$8.71 |
Change
0.160 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| $8.65 | $8.76 | $8.62 | 102031 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MFG (ASX) Chart |