Bought 4000 at $8.45 5 years ago as a hedge against the weekly cycle that ACCC nightmare that they know is collusion but can't sort out.
Been a stayer thru ups and downs but looks cheap on 20pe if that's what it is with $100m pa in new cost savings to materialise.
Will keep on hedging with my low cost petrol.
The divvies should now pay for half and the rest is at a 50% cgt discount plus overseas holidays.
Divvies will increase as capex goes down with change in local strategy and Kurnell closing.
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Price($) | Vol. | No. |
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29.100 | 5488 | 1 |
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