Club Mulgoa

Monday, October 25, 2010

ASX

I was going to buy a unit in the city but changed my mind when the share price of ASX fell. And I also suspected that the price of the apartment was manipulated. The bank undervalued it. That was my opportunity to retract from the contract. My cash down payment for the unit was going to be funded by ASX shares.

Today, ASX is subject to a takeover by the Singapore Stock Exchange. For me, it is great. My share price for ASX jumped by 20% and it means if successful, I can buy Singaporean shares. As usual, if you don't know what shares to buy, stick to the banks!

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