FXR 0.00% 0.2¢ fox resources limited

getting close to reentry point, page-24

  1. 1,135 Posts.
    Tylermax & Pieces , to explain whyi think like i do i'll use this example .Bought Aristocrat for $2 it had fallen from $10 , everyone looked at me as if i was silly for doing it .It fell to 80 cents and i thought it was going into administration & I would loose the lot .I hung on & a year later it was $2 ie what i had paid for it .I sold it and got my money back! today Aristocrat is $15 , i probably would have got the $2 in dividends had I held it .The lesson from the story is sometimes we have to give the company time to get it's act together .I believe Fox is now more than twice the buy now it was when it was $1-90
 
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