Now would be a gud time ! (insert smiley face !). Seriously ! I now hold 40K (no of shares) of XRF and happy to hold. topped up yesterday @ $1.07 and could not understand the reason for the significant drop. The results are no better or no worse than I expected and the div was increased and is 100% franked. What more did people expect ? The new "oven" is coming out year end and will suit both mining and food companies alike. Have a look at the last 5 years of growth in earnings, profits dividends etc, and have a look at the after tax NTA ! Noting of course that they went into a higher tax bracket this year because of earnings.... isnt that good ? Replay your charts and see the MACD has crossed heading ^^^. I dont know if people expected the SP to double or not, but some of the less loyal have flown the nest. I am a happy holder having topped up yesterday @ $1.07. Dont forget that Director Brown topped up with XRF in May at $1.01 buying close to $89K worth. My rec ? hold if you already own, buy if you dont !
XRF Price at posting:
$1.10 Sentiment: Hold Disclosure: Held
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