Great growth, but Mr Market expecting more?
ATM even after falling 14% is probably still a bit overvalued,fair(er) value I reckon more around $12 mark .
hrdlicker just on cnbc says investing in heaps more people for us market etc and heaps more on marketing to grow the brand. glad to see she more on growing the business than the share price
This is the time when you really want this stock to be buying I guess. Last bought some at 1590 so I will need to average down a bit again. Just think of XRO then, no correlation for sure, when the price was really low when it was announced it will be moving to ASX. That's was gut feel on believing the dream for XRO. And this is when ML really helps. Still, GL to all holders and let's include the sellers as well
This is a classic example of why I seldom trust the market because it doesnt know how to price this stock, it's all over the place, trust yourself is the way to go when your dealing with the future this company has. PS-I am down a very large sum right now but still smiling and shaking my head at the overreaction.
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