Because of other commitments I haven't been able to keep an eye on the market today, asf, but looking at it now it has undoubtedly been a shocker of a day! Cash would have been good to be in, of course. The overseas markets are driving the scene at present, regardless of value in situation stocks.
As regards PPX, with NAB reducing its holding and shorters being active in the stock (as in many other stocks at present), I am not surprised that PPX fell further today in this market. But I see a lot of value now in both PPX & PXUPA; the question is how long one can hold one's nerve! I am staying in both, and may add to my holdings further depending upon how the sp behaves over the next few days.
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