I don’t look to yesterday. If I look to yesterday, LTR was still 2m market cap and zero demand. Bitcoin was still 1c. Afterpay 100k instead of 40B. FMG was still 6m market cap instead of 60 Billion and the 6th largest company on the ASX. REA was the size of RAN 15 years ago. Now 20 Billion market cap.
I can downplay a valuable asset. I can say realestate.com.au is just a website. Facebook just an app. RAN just a company making plastic.
But market and demand disagrees if not yesterday then tomorrow.
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I don’t look to yesterday. If I look to yesterday, LTR was still...
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