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Hi AC Perhaps if ASIC did its job, the ASX vetted the listings...

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Dazedandconfused

4,273 Posts.

52

27/03/18

20:39

Post #: 32069884
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Originally posted by Anton Chigurh ↑

The idea of LT investing is to find the next NCK ALU FID HUB etc while it's still a relative minnow and let it play out over time, provided (and crucially) the story doesn't change, detrimentally. CSL probably the greatest Aussie example.

I don't know any successful investor that invests LT in the sorts of crap we talk about on HC most of the time. That's purely trade the trade, assume going to zero, or consolidation and rebirth.

It's horses for courses and you can do both, as many of us would.

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Hi AC

Perhaps if ASIC did its job, the ASX vetted the listings properly and the dubious individuals holding FSL's were chucked out of the game the percentage of Co's proving themselves worthy as LT investments would be something to inspire confidence.

XAO Value at posting: 5,943.7
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