Overall result is fine, just held back with the dividend. Can either mean they are worried about China which is contradictory to the CEOs presentation or general world. Or even holding back for M&A cash. Will they upgrade their takeover offer for Turquoise? I’d doubt it given the copper meltdown. So maybe something else.
If this really takes a battering I can load up with some more by offloading my newly minted overweight bank positions back inline with benchmark.
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