I'm not really concerned about the forecasts, they are what provides opportunity, although good results need to flow consistently and then the market will make up it's mind regardless of what he forecasts say.
Can be frustrating watching ASX go nowhere year after year but at some point that malaise will break and once 6700 is passed the next real stop will be 10000 IMO.
Crazy to think that ASX is 12% lower than 2007!
That should be a good clue that when the break happens it's gonna run hard, bad news is we may not get that break this year or even next.
We are all in it to make money and I hope for nothing less
Ps: look at the rosy forecasts Gerry Harvey has been giving year after year, along with year after year of smashing expectations in the results but what has this done to the companies value?
I suppose it's not a good example of results leading the market though, nothing seems to work for HVN LOL.
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Last
$3.89 |
Change
0.040(1.04%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.89 | $3.86 | $49.43M | 12.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25565 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 580982 | 45 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |