I am absolutely with you on this. Anyway, I am not big on financials because they are lagging indicators. As long as they make profit and provides some dividends - I am ok. I am more interested in their future business development plans - the forward looking stuff.
We also have to note that this is a trader market - people are buying for the short term. As long as there is a momentum propelling the share upward, traders will come in -i.e. follow the trend. Investors are probably waiting to dip in the toes once they believe that OZl has bottomed.
- Forums
- ASX - By Stock
- OZL
- daytraders
daytraders, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online