3yr high today ?
A solid climb this week, and off the back of CPI news we are having a resurg in confidence. The rise has put it in the sights of others who now want a piece of the energy providers.
This has not been a popular stock, dressed in coal and cinders, but if it manages to re-brand we may see Cinderella indeed go to the ball...
https://www.copyright link/markets/equity-markets/qantas-and-agl-help-merlon-to-top-aussie-funds-in-fy23-20230725-p5dr0bTimely bets on
AGL, Whitehaven and Qantas rocketed Sydney-based manager Merlon to the top of the list of Australian equity managers for 2023, outperforming the sharemarket by 11.7 percentage points.
The Merlon fund’s top holdings as of June included A2 Milk, Coles, Medibank, QBE Insurance, Santos, Westpac and
AGL Energy.
(20min delay)