Just hit 80.5 which was the low in September last year. It bounced pretty quickly but still the buy side volume remains very low compared to the sell side so no evidence of a imminent resurgence.
Its getting to be better value all the time given the expected 3 cent dividend, and of course provided the IO price holds up. Good to see a range of "experts" saying that it is unlikely to fall below US$100 and certainly not as low as US$80.
H
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- will the low of 23 september hold?
will the low of 23 september hold?
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