When you learn a lot more you will realise the current price is all but irrelevant - it is what is going to happen in the future that matters for your investment decisions today.
Shares with setbacks are among the best opportunities of all when it comes to investing.
For example you would say at the moment that CER fell from $2.00 to 2c so its awful. It went back to $2 from there...... so 100 times your money from buying low when things were alleged by many to look terrible ( management issues and property write down after property write down so they had arguments to use to scare people ). However anyone doing their own research could see the NTA never fell below 46c and when the property value write ups started the NTA just kept going up and up.
That is merely one example - there are plenty of others.
When you learn a lot more you will realise the current price is...
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |