Doesn't matter. If markets were rational (and they're not) companies are valued on its profitability and cashflow. BLK is cashflow positive, paying down debt, increasing its resources. Macro factors showing gold price going up, AUD going down. Basically I can't really think of anything negative.
The negatives that have been posted on the forum are all based on guess work. Yes its true everyone is trying to predict the future when you invest, but the facts say the company is making good profit and is heading in the right direction.
QAN paid no dividends for years, its shareprice has tripled. Its not about whether shareholders get a piece of the profit.
I'm annoyed at the shareprice, but have not lost confidence. Need to ride this out.
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