TLG 1.27% 40.0¢ talga group ltd

TLG Chart, page-3037

  1. 14,041 Posts.
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    That's what I was getting at. The shareholders over there for the most part are using a consistency bias. Their past actions were correct and they don't wish to reassess things under the new circumstances. It would be hard to argue that the war in Ukraine has not harmed VRC shareholders, but I say that the war (and sanctions) have harmed Talga, the war has driven away the instos, they have all lowered their global economic outlook. The shareholders here have the same consistency bias (myself included) as the VRC mob, they don't wish to reassess things or to be bothered and have to change all of their former calculations. It's easier to just live in a bubble of denial, and deny anyone and shoot down anyone who wants to talk about the new changed situation.
 
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