“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments"
In early 2020 yes when the price was clearly delusional, hence why I sold my shares. 3 years have since past, the market price has come down ~14 % from my sell price. At the same time the growth projections of the business in the next 3 years have improved dramatically. I am buying that potential growth and debt reduction now.
One decade from now, do you think the share price will be lower than it is today? In 3 years time?
“For the investor, a too-high purchase price for the stock of an...
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Last
$300.58 |
Change
-1.210(0.40%) |
Mkt cap ! $145.5B | |||
| Open | High | Low | Value | Volume |
| $300.74 | $300.99 | $298.81 | $240.1M | 820.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $300.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $300.59 | 836 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CSL (ASX) Chart |