EZL 0.60% 82.5¢ euroz hartleys group limited

Ann: Trading Update, page-12

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  1. 16,933 Posts.
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    "I mean, it's not like it hasn't already been reflected in the share price when you zoom out on the chart... whole point of investing is to buy at cyclical lows, not when the share price is high."

    Truism, that.
    If things were peachy the stock would be at a markedly different price.

    Its current share price is informed by the confluence of a number of perfect storms - comatose ECM market, compressed valuation multiple, selling of stock by Hartley vendors, tax loss selling of highly illiquid stock - none of which can cause permanent damage to the business and all of which are temporary factors.

    I struggle to recall an investment set-up as close to perfect as this stock presents.

    .
 
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