As you know the market is always right, logic doesn't come into it. PS- As I dont trust the market anymore than your garden variety car salesman(salesperson for those PC inclined) I dont care if it's right or wrong at any given point in time.
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FYI paraphrasing Rohop on the HC thread, who points out;
ATM now #37 in the ASX top 50 with a market cap of $11.32bn. CEO Jayne's old company Qantas which used to sit at #46 in the ASX top 50 is currently languishing outside the ASX top 50.
Interesting times.
Goldman Sachs reporting that ATM now at 8% of Chinese IF market (at end April) with 63% sales increase.
Danone down 5% and Nestle down 1%. (Source HC.)
Attachment 10552
https://www.bloomberg.com/news/artic...t-disposal-q-a
I could give you a suggestion what to do with that money........