Your investment strategy is going to fail you, and I will tell you why.
If the fundamentals of the company are not strong enough for you to invest in now, then don't.
If the basis for your investing is waiting around for someone else to buy, or waiting "for the next good time to buy" (whatever that means), your doomed before you start.
One of the things that becomes apparent to me, especially on this HC forum is that people's investment philosophy is based on waiting for an event or an ASX announcement. Like a Meerkat stuck in a hole asking whether its safe to go outside!
Another debt repayment today of $1.0B should be screaming at you!!!
The reason is does not is because like most on this forum you are an SP watcher.
Unfortunately the only investment analysis for some people is based purely on the daily fluctuations of the share price. If you cannot look beyond that, well enough said!!!
FMG / IO Outlook and News, page-598
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Last
$20.35 |
Change
0.000(0.00%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.47 | $20.68 | $20.28 | $96.30M | 4.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $20.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.35 | 20500 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |