This is being bought at such prices as it will be a secure income source for at least the next four years.
33c in profit reserves gives a person the ability to sleep at night. I haven't sold yet. The pertinent point, as made previously, is where to invest the proceeds. CDM at around 1.20 looks good to me. 13c per share profit reserves also looks attractive and they have done very well from their holdings in Melb. I.T. Ardent is the problem child, however, I believe in turnaround stories and this hopefully will be one. Decisions, decisions!!!
WAX Price at posting:
$1.55 Sentiment: Hold Disclosure: Held
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