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The rules for Genuine Re-rates are as follows:-
- Tip must be older that 8 Weeks before being considered for the Genuine Re-rate category.
- An average closing price is calculated starting 8 weeks after tipping to current day. The last closing price must be at least 50% of that average price to qualify as a valid entry.
- Tips older than 12 months will not be considered for Genuine Rerate (Ie Tips expire after 12 months)
- Stock rising as a result of share consolidation will be excluded
The key to being a winner in this section of the STT Comp (Genuine Re-rates) is you must demonstrate the ability to pick stocks that will go up and more importantly stay up.
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