ajc - yes even though the sky seems the limit I did tip some more out at $3.90 odd as hard to see them defying the weak markets entirely! Not telling you to as each to their own!
liz- i dont want to get picky with you, or Hamish for that matter!
however, the emphasis when reading their literature, seems to be on long term , as interpreted by me without deciphering and analysing the actual wording -However, if you look at the actual wording then the 3rd and fourth points seem to refer to long term investing - not hopping in and out of the likes of yum on a hunch!!
even the first objective refers to long term but it could be argued that it does not mean that they dont short term trade!!
incidently, their bearish outlook they put out a few months ago (and talking of 50% cash and very little in oz dollar etc etc) is looking a little more likely - they need to tell the other world central banks to stop buying the ossie! )
MFG Price at posting:
$3.85 Sentiment: LT Buy Disclosure: Held
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