Is $6.00 Possible?, page-54

so she sold some shares which has caused a drop. I cannot disagree with that. I don't agree with the sell off but the only thing I can do about that is say thank you for the cheaper shares and buy some more. the sale has been well explained via the company and from her personally. so for me that is a dead story.

the macro worldwide events currently occurring is just a coincidence and means nothing in the long term. these losses will be recovered relatively quickly in my opinion.

the whole market has been slammed. one of the most respected if not the most respected companies in the asx has dropped from $230 to around $190 now so there is one example off the top of my head.

we are still an immature company in growth terms which is far behind any of the companies in the top 100 and so because of that and the high PE we are always going to get slammed more than other less growth related companies so you will have to compare like for like. from that perspective all high PE stocks are getting slammed as they always do.

also they will rebound just as quickly which they do. just pick some companies, go back to feb when this last happened and look at some charts. come back in December and compare. I will have a good bet that they will turn out rather similar.