Well he can oviously wish for that, because he has a large cash backing which would put him in a good position if the scenario plays out? This is capitalism after all. The whole idea of the stock market is that there are winners and there are losers. And one must hope that they come out on top. I appreciated his informative post, discussion is what a forum is about.
*And anyway to keep from being moderated; I believe we wont see any significant rerating untill first profits come in, TOL, will see a little short lived excitment, before returning back to normal as investors in these times dont like to part with there money too easily. Once we begin to make some money the risk drops considerably and the market will rerate accordingly IMHO.
Well he can oviously wish for that, because he has a large cash...
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Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |