AFF Member Stock Discussion

Two parcels of 50K each went through towards the end of Friday - they only dropped the price 30 cents
Interesting; so a large pool of "sell" available. And yet, someone wanted to buy $15m, not a small shareholder and, since the price is high, not a rebalancing. Fascinating.
Most parcels traded were <2,000 and the majority <1000 shares. Small holders.
Well yes, most shareholders (by number) are small shareholders.
The PE at 27 is way out of whack
Yes. But investors decide on (their own) projected PE, not PE. Time will tell. I don't know.
 
I sold BOQ week before last. I stupidly waited for the dividend knowing the price would drop, but did not expect such a large drop. It had touched $7 in the lead up to the ex date and then fell, and kept falling into the $6.4's. I wanted to be cashed up and ended up selling mid 40's. Of-course next day it began to rise again. I am not worried as I sold above my purchase price and got a couple of dividends. Basically I wanted to be cashed up as I think the market is wobbly. I have a number of companies marked for attention in-case the market drops.
 
BOQ is a tough one as the business is trying to reset.
Talking about failures I have had Calidus , Walkabout and Booktopia all collapsing to zero. The fiscal fiend will be there to help out.
 

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