Agreed. There is only a Smaller retail holding and a lot won't immediately buy after the divestment as they had initially invested in graincorp. I only went the max as I offloaded some other assets over the last few days and had no intention of reinvesting this side of the EOFY. The risk here is the 2 week settlement date. even if the markets plummet 15% we shouldn't be worse off and I don't see 20%+ correction that quick (although I do expect a drop sooner or later). I must say that this SPP has dragged on in comparison to others.
UMG Price at posting:
$4.55 Sentiment: Hold Disclosure: Held