Are we policing spelling and grammar now?
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Lets be fair ... market was not nice to anybody the last month, though - my bonds and my property funds did sort of o.k. - ish ;);
Maybe your neighbours bowling club mates should ask themselves whether the sharemarket is the right investment vehicle for them? I guess there is always the good old savings account ... better to gain 2% instead of loosing 20%!
That’s the sad part ..... term deposit money chasing divies with a higher yield divies and surefire capital gains. I keep telling them there’s no free lunch but the herd says it fine no worries.
Like the finance companies going broke and costing (older) investors billions of dollars I reckon billions will also be lost when this new way of making money doesn’t work out. Many punters out there doing it and they just don’t understand the risks.
Winner, you'd better tell the neighbour's bowling club mates that the Oceania game is a bit longer than a season or two - but I guess they know that now!
With the greatest respect Winner, conflating investing in those particular reckless flimsy Finance companies, with investing in well run award winning organisations in the retirement sector (this is the OCA thread) with huge property & intellectual assets, exponentially increasing demand, sound financial oversight, etc etc is a wee bit of a stretch!
Someone is up to the usual tricks of holding the price down. Chunky sellers (no doubt the same entity) with 2 blocks of sells on at $1.13 and $1.14 in the standard 50K parcels. Seen this movie many times now.
As Winner would say ..."no worries."... It will all work its way out once they have achieved whatever it is they are after (next MAQ sell unload?). It's too easy for them in the pre Christmas low turnover. Just wish I had more dry power for these and HLG @ $4.10.
not many buyers left for such a great company?
Who is selling 282,000 shares come on fess up? This is a good price and if I had the funds available I would consider them, but the price has been heading south for a bit now, so I will be waiting patiently on the sidelines for now.
Dont even bother about working yourself up with bulls opinion, if you are a long term holder. He/she looks at shares in a different way than the way we do. Just let bull have his rant. We all know this share is a goldmine in the future and this could be the bottom.