I've gone slightly overweight in CHN with the expectation that the return of capital would bring me back to my preferred weighting.
Thought it was the safer option rather than trying to increase after the capital return.
The increase in leverage from this capital return is welcomed.
The Victorian exploration could take a while to play out though, it's an interesting program and, I imagine, quite exciting for their geologists.
Now we wait.
Ann: Return of Capital - CHN, page-6
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