I think it’s purely a case of valuation.
There’s still plenty of growth stocks in the portfolio, and stocks like IGO and RGN have been beaten up severely (for different reasons), so I can see their strategy of buying when they are in the dog house to capture the rebound when it happens, even if they aren’t your classic growth companies.
Ann: Preliminary Final Results, page-5
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Last
$3.40 |
Change
-0.010(0.29%) |
Mkt cap ! $660.4M | |||
| Open | High | Low | Value | Volume |
| $3.43 | $3.44 | $3.40 | $150.7K | 44.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15381 | $3.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.42 | 62242 | 1 |
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| Last trade - 15.58pm 18/10/2024 (20 minute delay) ? |
| MIR (ASX) Chart |