I subscribe to MF and find it annoying how he is harping on it, they would say they see a genuine threat and risk but really it is just a self serving article. Yes there is some risk but he does not point out how cheap it is and look at the risk reward scenario, should be telling people as a small part of a portfolio looks interesting. Also mentions AASX does not screen all companies but fuk, they are independently audited by a big 4.
It seems he is assuming it is dodgy based on this alone but I read a comment on another thread on another forum about a student and a professor walking down the street and the student sees what looks like a $100 bill, he starts to bend down to get it and the professor says don't bother, if it was real it would not be there. Well sometimes the note is there!!
P.S just the 5 CCL mentions in articles for MF today, must be a slow news day.
SBB Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
