RE: Down again8 Dec 2021 11:33
BarneyR, if you've never seen a share price underperform the good news flow like Argo has then you've not been paying attention - it happens all the time! The stock market isn't rational, there are countless examples where company progress is evident but the share price has remained stagnant or even fallen - my biggest investment is a mining company called Bushveld Minerals and they are now valued at the same price that they were valued after the covid March 2020 crash, when the stock market crashed harder than it ever had and the world was in chaos + there's been huge operational progress in that period. Completely illogical but the market in the short and medium term doesn't always make sense - there are nefarious actors that are able to control the share price, sentiment plays a massive massive part, hype, momentum, shorting future market confidence etc
The cream will eventually rise to the top however so it's all about picking the right companies at the right price.