Hey all FGE(ers), certainly an interesting day on the markets. Was under a week ago that we hit $6.94 (All time High), inclusion into the ASX300 and things were looking great. Who would have thought we would see $5.57 only a few days later!! What has changed in the last few days that would warrant a 20% sell off - Very Little. Why is it that at $6.94 you consider the stock to be cheap and want to buy more, yet at $5.57 you worry and may look to hit the sell button, shouldnt it be the opposite?? YES. Psychology is a massive part of investing. Times like these its important to invest in quality companies and FGE has proven to be one!!
FGE Price at posting:
$6.07 Sentiment: Buy Disclosure: Held