Club Mulgoa

Friday, February 18, 2011

AZX

One day, I was studying EKM (now changed to GOR). In its presentation, it showed a bar chart showing a company called AZX with the lowest EV/Resourse oz. So I bought AZXOA, the options, without much hesitation. Today, after less than 5 months, I am onto just over 100% profit.

http://www.asx.com.au/asxpdf/20110216/pdf/41wtjxxqh24n40.pdf

So here is an exercise for you to do. Read the Peer Comparison slide. And work it out yourself. This is more rewarding than watching sports....

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