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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Last
$8.62 |
Change
0.060(0.70%) |
Mkt cap ! $1.559B | |||
| Open | High | Low | Value | Volume |
| $8.56 | $8.69 | $8.55 | $1.826M | 211.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 3029 | $8.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 1775 | 9 |
View Market Depth
| Last trade - 13.58pm 14/05/2024 (20 minute delay) ? |
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Last
$8.62 |
Change
0.060 ( 0.67 %) |
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| Open | High | Low | Volume | ||
| $8.60 | $8.69 | $8.56 | 38725 | ||
| Last updated 14.17pm 14/05/2024 ? | |||||
| MFG (ASX) Chart |