I am an invester of 40 years and do not understand why a stock that doesn't make a profit/pay dividend over its life on the ASX is worth $44.......please explain. It is a running gamble on hope that it will from lending money to anyone. Give me a stock like FMG that actual makes Billions and pays the biggest dividend then any other ASX company. Sorry I don't understand. Please in lighten me if you can.
APT Price at posting:
$44.00 Sentiment: Sell Disclosure: Not Held