ASX: Into the light

We’ve been waiting for an opportunity to buy ASX for some time. James Greenhalgh asks ‘Are we there yet?’

A little less than three years ago, Intelligent Investor published ASX prepares for the onslaught on 7 Aug 09 (Hold – $35.68). With the stock price having fallen 16% since then—and underperformed the All Ordinaries index—Mr Market is sending a message: ASX isn’t the superior business it was once. Should you believe him?


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