how are we doing?, this is a good business,
stock rally to celebrate this exceptional Aussie business
when I tell you there is a lot to like about this business
watch out for it in the next 5-10 years you be very happy that you bought it below $3.80.
I got them at $1.98 some year ago when it was an unknown but I know a lot about it
and I got more below SPP price. and was hoping for more and more as it go down but it didn't...
I like it when it was $1.90, I like it when it was $3.00 and I still like it at $4.00
and I will more than likely to like it at $6 or $10 :-)
because this business is a Negative Capital Requirement business with a lot more going for it ...what is not to like
Like Daryl Holmes over at ONT often said in his annual report
when you find a business better than ONT where it deliver annual compound return
on capital and dividend much greater than the market you let him know.
I could say the same for NVT you let uncle Rod Jones know about it and CC me too because I like to find these business :-)
I also a long term holder of ONT .... good old fashion buy and hold seem to be doing alright...
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