Weakness (and strength if a trader) of this stock is its volatility potential. Rarely much depth which means can go up and down in bounds - as we've seen over the past couple of days.
Anyway, fundamentally good over the next 3 years. Potential holdback is issues to fund acquisitions - depending on the purchase price (which has not been low to date).
Anyway, I sold for $3.68 late last week more as part of my reduce gearing / volatility phase. Bought AMP yesterday - another good 10 year stock.
MJS
SAI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
