this is a truely great comment aceboy.
I would take your comment to the next step and say before I buy because the share price is dropping and looks like “value” what does the market know that I don’t.
That “value buy” could easily turn into a “value trap” once all the information that the collective market knows comes out.
Investing is not just about a return on my capital, it’s also a return of my capital. Buying a share because it’s dropping and looks “cheap” can often lead to a risk of return of my capital, especially when the overall market is not crashing
up and down, page-18
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 (20min delay)
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Last
$8.69 |
Change
-0.470(5.13%) |
Mkt cap ! $1.570B | |||
| Open | High | Low | Value | Volume |
| $8.86 | $8.89 | $8.38 | $10.47M | 1.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2218 | $8.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.70 | 2657 | 2 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$8.67 |
Change
-0.470 ( 5.71 %) |
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| Open | High | Low | Volume | ||
| $8.82 | $8.84 | $8.39 | 133620 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| MFG (ASX) Chart |