They certainly have been toying with it however that is normally...

They certainly have been toying with it however that is normally what happens when something falls out of favour with larger money managers on sector rotation etc.

With QE floating all boats and $XLF seeing the bids it is in the US means it is only a matter of time before wider and diversified financials start seeing bids again.

Low rates are obviously hurting their earnings and the % earned internationally with high AUD is cramping their style as well however this thing is priced like there are major bush fires and hurricanes in all their markets simultaneously at $10.

Any signs of AUD weakness in the medium term will benefit this company.

As part of a portfolio allocation with a 4.5% div and give its heavily oversold macro quant profile, there is a lot more value to be had in the short to medium term vs a $TLS/$WES/$WOW imho.

$AMP is another I am watching closely on any retests of $4.50 area. Neither of these positions are short term trades so I am happy to earn the income while waiting on this portion of my wider portfolio.

Is everyone here day traders?

That is a genuine question, I don't post here much and seem to find most people talking penny stocks a lot of the time.

Cheers.