Yep. No point stressing about capital gains. In 3 years time this company could be earning many multiples of the current share price. A $50k investment and you might never have to work again. A $300k investment and we are talking generational wealth.
At some point the share price will adjust to this reality but don't expect it to be soon. The market hates coal - no matter how much it earns. Look at TER. I know they have issues but the P/E is basically 1.
General Discussion, page-176
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Last
23.0¢ |
Change
0.015(6.98%) |
Mkt cap ! $116.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 22.0¢ | $111.5K | 486.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7838 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 612037 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
0.015 ( 6.98 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.0¢ | 22.5¢ | 124063 | ||
| Last updated 14.36pm 07/06/2024 ? | |||||
| AKM (ASX) Chart |