Well there was some activity in CIW (arguably the ASX's sleepiest stock) today. I can only imagine that someone questioned the wisdom of maintaining ownership of this do nothing stock and sold out as seemingly far better trading opportunities whizz by out there is cyber trading land.
It pays a handy little yield and you expect that one day that stock market momentum will fill CIW's little spinnaker and propel it northward. Alas, I'm still waiting.
I've owned it for approx 20 years and I always thought it would be a takeover target. BUZZER! Wrong again.
Rule no 1. - Never fall in love with a stock!
Guilty as charged your honour. I shall just hold on for another 6-12 months. It is bound to do something interesting during that period.
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