Thanks Couta, Beagle & SL, all viewpoints v much appreciated as try to anticipate what everyone else will value this company at next week, next month, next year.
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Thanks Couta, Beagle & SL, all viewpoints v much appreciated as try to anticipate what everyone else will value this company at next week, next month, next year.
Wonder what would happen if an outfit like JCAP decided to ‘attack’ A2
Look at what’s happened to Wisetech WTC.ASX ....couldn’t happen to A2 could it?
This and the new employee share scheme also hints that the company thinks the SP is currently undervalued. All good for holders (and employees.)
If I waited till I was sure, don't think I would own any shares.
I envy your directness.
Don't think I've ever been 'sure' when buying shares but that hasn't stopped me building a substantial portfolio.
TBH, most of my decisions are little more than educated guesses, based on an amalgamation of incomplete information & if the combination of factors informed by MA, PE, opinions, cultural trends, trade barriers/talks etc, looks like representing a net long term gain or a net loss at current SP.
That seems to have worked ok for me.
Interesting your broker so persistent & confident they were overvalued.
Don't think the broker meant to imply a view on the shares value, they just had some other clients desperately trying to short A2M shares and the broker did not had any other to lend out.
If I have shares which I consider to be overvalued, than I would not lend them to shorters, but sell them. Obviously - I can't speak for PT, but I would assume he would act similarly in this situation.
5 days up, 5 days down. Good buying now. Get in before it takes off again to the next level. Last low was 12.75 on 9/10/19. Get in early before lift off in Nov-Dec:D.