General market malaise and an upcoming poor sales update and it could get there pretty quick
What's changed since I left on Thursday ? Answer, nothing. We always knew the Govt's determination to pander to those overseas by bringing in hundreds of infected cases would lead to a leak at the border. It was always an inevitability. I think you're dreaming of hoping to get these at the prices you've mentioned.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
SP on a slide this past week.... any thoughts on where it will bottom out?
Will probably have to wait until at least a couple of months for the Omicron wave to reach its peak (along with peak deaths/peak fear and peak staffing shortage/temporary store closures). At least Australia is coming out of their peak wave now.
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