Neil
(i) WOW hasn't traded at $22 for more than 5 years.
(ii) How will Cyprus impact the WOW business?? It won't. Although I suspect you're referring to share price movements. Plenty of dogs in the market that will fare much worse than WOW - which some might actually call a safe haven under a worst case scenario.
(iii) Anyone shorting a stock that has the type of earnings that WOW does, and who's intrinsic value is increasing over time whatever ups and downs the market does to the share price, is playing with fire.
I have no idea where the share price will head in the next week, month, or year. However their value will increase as the business keeps growing and generating more and more cash.
MJS
dividend, page-14
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Last
$34.21 |
Change
-0.240(0.70%) |
Mkt cap ! $41.79B | |||
| Open | High | Low | Value | Volume |
| $34.63 | $34.68 | $34.10 | $56.69M | 1.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2212 | $34.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.22 | 671 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| WOW (ASX) Chart |