Lots of High Fives for my decision to buy a stack more the other day !!! (Lets hope it lasts and this is the start of rotation back into Resources and our of Banks)
Here's what I posted on May 3..
Just decided to buy some more - I'm so far in the toilet that I'm swimming in the sewage on this one....but with
(1) so much doom & gloom around (2) seeing some hope of a Q3/4 pickup based on further ECB rate easing (3) copper down to what seems to be long term support at around $3.00/lb (4)starting to see a decline in warehouse levels
I reckon it's time to take a punt and average my cost down
Anyone else ballsy enough ?
OZL Price at posting:
$4.38 Sentiment: Hold Disclosure: Held