The market is always getting it wrong, thats why we have crashes & rallies. Not many investors find the same number when valuing a stock.
Wall Street had this argument 50 years ago, academics and whales went head to head and the academics proved themselves right. Thousands of books were written around this subject, read anything from David Dreman.
I don't think we should be having a stupidest comment competition but my vote wouldn't have went to possum.
“Demanding immediate success invariably leads to playing the fads or fashions currently performing well rather than investing on a solid basis. A course of investment, once charted, should be given time to work out. Patience is a crucial but rare investment commodity.”
-David Dreman
The market is always getting it wrong, thats why we have crashes...
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $20.79M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $5.49K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 30298271 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5169200 | 6 |
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| VRC (ASX) Chart |