Well, looks like I was a bit wrong with the savage sell off post results announcement. Had my buy order in at $31.30 and by crikey it was filled. I was pleasantly surprised! Strange 'ole reporting season. Companies reporting good results or at the upper end of guidance are getting smashed (like ALU, GMG etc) but report a drop in revenue/profit and reduce your dividend and your SP rises (WOW).
Anyway, happy to put my money where my mouth is and continue to back ALU. But don't listen to me as I really wouldn't have a clue. That should be obvious by now. Hope we get another crack at ALU in the mid 20's or CSL under 240. But me thinks that we're closer to the bottom of this correction than the top. Definitely don't want to die wondering. Haha...it's all or nothing!
ALU Price at posting:
$33.29 Sentiment: Buy Disclosure: Held
(20min delay)