Well if PRU is not carrying a hedge book then by your reasoning it is the right thing to do , which I agree with
I have been doing the same in the last 4 years with around 1/3 of my liquid assets in cash not shares , been the right move as the markets have been stagnant , we do not know what PRU are planning with its accumulated cash , I am sure they are looking at acquisitions, probably just do not want to make mistakes like SLR sugar loaf and NST polar have done in the last few years .
Prefer PRU bought something back in Australia either Au or base metal , personally to spread geographic risk some good opportunities currently
Well if PRU is not carrying a hedge book then by your reasoning...
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Last
$2.84 |
Change
-0.010(0.35%) |
Mkt cap ! $3.908B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.89 | $2.81 | $12.62M | 4.431M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11148 | $2.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 12887 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PRU (ASX) Chart |