Yep I agree, his point was more that you don't want invest in companies that might be in the bottom 20%. Probably more than three quarters of companies on the ASX are possible candidates for that bottom 20% and should be avoided using this strategy. The point was to avoid all of these on the chance that they will be in the bottom 20% performance wise. Of course some of these poor quality, cyclical companies will generate excellent short term returns - though picking these is a specialist skill that I am not good at.
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Yep I agree, his point was more that you don't want invest in...
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Last
$26.72 |
Change
-0.520(1.91%) |
Mkt cap ! $3.832B |
Open | High | Low | Value | Volume |
$26.80 | $26.80 | $26.32 | $4.768M | 178.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 275 | $26.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.73 | 4385 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35 | 26.420 |
1 | 300 | 26.380 |
1 | 38 | 26.240 |
1 | 38 | 26.200 |
1 | 600 | 26.180 |
Price($) | Vol. | No. |
---|---|---|
26.870 | 197 | 1 |
27.180 | 236 | 1 |
27.500 | 400 | 1 |
27.750 | 1500 | 2 |
27.890 | 100 | 1 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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BRG (ASX) Chart |