Yep, I topped up as well at 1.99. And I will also add more if it falls further. Just seems a no brainer to me, I suspect its an insto rebalancing their portfolio with maybe some tax loss selling also happening. I am not in for the quick trade , I am chasing that beaut FF dividend yield and I honestly cant find another quality stock that compares on this basis. I noted also that a US entity called Harris Associates has been steadily on-market buying ( see past substantial shareholder notice , I think from memory they are now at 14% holding) and I reckon these guys would have deep pockets, or alternatively could be in a position if they wanted to, to hand over a strategic stake should a T/O predator arrive on the scene.
MYR Price at posting:
$2.01 Sentiment: Hold Disclosure: Held
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