This comment is as good as I have seen this week
Even the most disciplined investors are struggling to retain discipline in the face of one of the more enduring speculative periods in history. Market prices, after all, are the only arbiter as to whether your actions are justifiable; YFYS (Your Future Your Super) says so. It is exactly at these junctures when prevailing share prices and house prices are the least likely to provide true indications of value. We believe prospects for cash profits, dividends in reasonable rather than distant time frames and management teams focused on creating durable businesses will be crucial in preserving wealth in a time in which so much of it has become artificial. At some stage avalanche control are going to need a shovel rather than a snow maker.
https://www.livewiremarkets.com/wires/papering-over-the-cracks
This comment is as good as I have seen this weekEven the most...
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Last
$2.37 |
Change
0.080(3.49%) |
Mkt cap ! $1.635B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.44 | $2.31 | $4.848M | 2.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 31280 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 6793 | 3 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PNV (ASX) Chart |