Traders try to use your brains!! Read announcement yesterday (total FUM up by $1.21b to $4.18b for 3 months to 31/12/03). This is another Perpetual all over again!!! Check your price charts of PPT! This stock is a long term buy with $10.00+ all over it.
Get a copy of the report by Tricom and you will see that this is the biggest growth story on the market.
Buy only if you like capital gains and dividen cheques. I declare that I am well set, but I want to spread some new year cheer.
There may be one shareholder left who holds a few hundred thousand shares and is tipping out, but once gone, the majority of stock is held by directors and friends of the company. Messrs Ciciutto, Murray, Morgan and McFarlane will have to pay a hell of alot for my shares!!
PAC Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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