10 Cent Party, page-2066

Should be seeing in the next two weeks the arbitrage play out. i.e. URA selected holdings, being sold down to buy holdings now on the selection this round, or diversified out.

Holdings that missed out this review for URA:
EPM vs 92E; (so 92E missing out as it's market cap is too low it needed to 2.5x, where as EPM it's average daily volume is too low - by a bee's dick).

Holdings that like are included in the URA this period:
(AGE,ACB,AEE,EL8), will have all been picked up. (possibly RDT is vs GGG for the non-pure play slot)

So will be interesting to see when the mum and dad investors take profit or even at all.


EPM isn't as volatile at the moment as all the corporate action activity needs to play out. Once the price moves, it'll start to give shareholders a reason to exercise their shares.

My view is the OZ yellow share divestment should be reason enough to exercise the EPM options; once the price goes back into the money might help. Those collecting shares <5 cents are in for a treat.