Buffett told everyone to buy in late 2008 and he did only for the Dow to fall another 40%.
If we all know whats going to happen, I just want the winning numbers for this Saturaday's Tattslotto draw.
With MMX, it's way too early to tell.
I bought ABY when it was down 95% or thereabouts from the pre-GFC peak. It was priced for bankruptcy but then I also noticed it's owned by it's Indian parent (so while risky it was no Copperco) They just wrote me a $20K dividend cheaque earlier this year. Can't complain
Likewise, MMX is joined at the hip with Mitsubishi and co-owns the most compelling justification for Oakajee (JHEP). It's too early to tell until the fat lady sings.
MMX Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held