CSL 0.11% $288.93 csl limited

Ann: Daily share buy-back notice - Appendix 3E, page-10

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  1. 43,423 Posts.
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    CSL seems to have been caught up in the bond proxies sell off; RHC COH RMD SYD to name a few. The froth built up needs to dissipate before value comes back into the market especially when risk is back on. It does not look very nice on the chart with a lot of overhang to fight through. In other words the momentum has with the peaks and trough seemingly losing bullish momentum.

    I sold last month reluctantly to protect what paper gain I had left. It was capital preservation at the expense of a lost opportunity for gains.
 
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