So was USB shorting? I have a look the SP on the 10/10 and the 11/11 They became sub holding on the 10th and SP was around $10.21 then sold some on the 11th when the SP was lower than on the 10th. Perhaps they just like others got cold feet and off load some?
Well I think yesterday’s lesson might have taken hold. Before buying wait to see what Australia decides to do....... It’s a crazy market and only longterm investments should be purchased unless you have a clue what you are doing......
Looks solid to me, glad I added to Synlait recently. I think this schizophrenic market might have got more than a little carried away knocking down the milk twins.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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