1AG 0.00% 0.5¢ alterra limited

Bargain with limited downside, page-22

  1. 20,475 Posts.
    lightbulb Created with Sketch. 2023
    It is true that its all about profit, however it is also true that a companies worth is all about medium and LT profit.
    Without question the best time to set up a business is when sentiment is low. Why?
    You don't compete for resources which include land, cows, infrastructure. staff, consultants etc . The lower entry costs can in fact more than compensate for a lower profit even no profit in the first couple of years.
    The SP is fickle, however I continue to be a patient buyer at these levels, picker another 100k at 5.9c today
 
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