![Quote](images/misc/quote_icon.png)
Originally Posted by
samdaman
thanks harvey and born, both posts very helpful.
What you've both cleared up for me is that by no real reason should a share price actually converge to a theoretical value. It was just boggling my brain that the only reason it would move is because of investors expectations that a share would move up. I'm used to buying things that have a use whereas I find it hard to believe that a company that doesn't pay dividends could be appealing beyond "it may move up one day", really shows I've got lots to learn.
I'm checking out some spreadsheets at the moment, but it might take me some time to figure these things out, wowzas it was confusing.
thanks again though this has given me a solid base to continue further learning
Bookmarks