Markets atm have been trying to shake retail out If this doesn't get to 92c by the end of the year, you can all have a go at me
Dividends now outpace interest rates at current prices If you purchased these shares a while ago, you would be doing 20% dividend payouts right now with over 500% share growth We get interest rate cuts next year Dividends will remain & increase again next year This is a better long term bet than leaving money in cash without the risk of volatility from growth type shares (for those that like to just buy & hold) Even at 92c, the payout is the same as current interest rates
You can only suppress so much before reality forces their hand Once retail find out the market is being bought, everyone will jump onto the bandwagon (too late as usual)
SRG Price at posting:
72.0¢ Sentiment: Buy Disclosure: Held
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