directors buying, page-42

Hey Kiril,

I opened the position with 400 shares at $32.75. I'm hoping for a runup to $35, so I actually want the share price to go up. Looking to short about 20,000 total, the higher it goes the higher I will be able to sell those shares :)

Think of it this way, I can sell WOR at an expense of 2.4% div payments per annum from earnings of 3.6%pa which are likely to shrink with the further increases in the AUD xchange rate.

I can buy stocks like MCP with an income of 7.5% div payments per annum from earnings of 12.5%pa which are likely to increase with the further increases in the AUD xchange rate.

Mate, it's a no-brainer...