Over the years I have watched many an accumulating play, but this has been the best. Very clever approach. Nice and quiet, slowly take out the sellers. Reminds me of the story of the young bull and the old bull.
Getting your money without showing your hand was the problem. Just like getting set with the bookies without every man and their dog knowing and knocking off the price.
Consequently a nice balance of FPO and options taken out. It was only at the close that the tempo lifted, up until then nice and quiet.
Earlier in the week I alerted people to them when moving between 98c and $1.025. Made my play into the options because of the leverage. I am well in the money now and will exercise them ang stay for the ride.
A great company, great management and a great future. May I say to you all "nga ka pai hokowhitu".
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