Yes Synlait may well be a long term hold, but then again, it might not - if certain things were to occur. I do hope it is though now that I've reset my exposure.
I've been a bit overexposed and on the losing side of the ledger and so I've used todays rally to lighten up a bit.

Interesting possibilities on how to view this trade from an accounting perspective
The parcel I sold today I actually bought a dollar cheaper so does this count as making a profit if my average price is higher than both of those figures. I don't really consider that I did. A smallish loss is the way I view it still based on my overall average price. So I've effectively set my average price back higher but for me now a better portfolio % level. But the trade itself was beneficial to my account of course. But on balance portfolio still down on SML.

I'm confused lol

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