No problem, you know what they say about opinions. They are like a_holes. Everyone has one.
Anyway, I am hopeful that many of your stocks will be in the black eventually if you sit tight. The next commodity boom (really big) is still a coiuple of years away. (NOT NOW despite all the Hoo Hah).
At some stage (for a brief period), P/E, EBITYA, NPV, CAPEX, OPEX, matters nothings.
The sheer speulcative frenzy will drive every stock into the stratosphere regardless of fundamentals.
That the time to DITCH ! It not easy, maybe sell them in 20% batches over a period of a year or two.
In any case, a ASX-200 6900-3100 plunge is not going to happen again anytime soon.
The danger in future will be China hitting a snag or thier bubble burst plus there is a huge oversupply of IO (everyone is digging frantically. If there is a future demand, you will get a mining bust - not on the same scale of the GFC).
The beauty then, is that everything will be nice and dandy again in a couple of years.
Buy back on the cheap. A sure way to multiply your wealth.
Easier said than done !
No problem, you know what they say about opinions. They are like...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 30.0¢ | $1.333M | 4.317M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 116755 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 93895 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |