Sorry 007.
I cant agree with Your comments 100%
"To those that watch daily price movements and treat it as an valuable information source representing what is fundamentally going on with the company, I feel for you. It will tell you very little in this market with so much macro noise."
Where do I start to provide examples of where the daily share price movement DOES represent what is happening fundamentally!
and DML would have to be a prime example. Yes copper price has dropped (caused by macro issues) but we are hedged remember.
DML has dropped due to many fundamental issues;
1. Rain
2. Equipment disruptions
3. Poor management
4. Poor copper grades
5. Breaching bank covenants
6. Lack of working CAPITAL
7. The list goes on!!!! And on and on!!!!!
- Forums
- ASX - By Stock
- this is when you buy!
Sorry 007.I cant agree with Your comments 100%"To those that...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)