AIO 0.00% $9.13 asciano limited

The market has not been too kind recently, especially for stocks...

  1. cyw
    3,314 Posts.
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    The market has not been too kind recently, especially for stocks that have not been strong before the correction.
    Call it average down, accumulate on weakness or whatever, people do it all the time, especially for large funds, that is about the only way they can buy 100m shares of a company and can still make profits when the market goes up.
    If you believe the market has or close to bottomed then may be it is time to buy.
    I think AIO is undervalued but then so are BHP, NAB, WBC, ANZ, WES, TLS .... and the list goes on and on.
 
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