First ATM post of the day.
Another up & day, but in the meantime I'm out. On the sidelines for the moment.
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First ATM post of the day.
Another up & day, but in the meantime I'm out. On the sidelines for the moment.
Trying to pick bottoms only leaves you with smelly fingers (*sorry one of my favourites!)
On a serious note, my call to sell out wasn't an ATM call - it was based on the overall situation, which will get worse before it gets better. While things like China having largely come out of the crisis (if you believe what they say and their figures) and also currency tailwinds.
Strongly believe that there will be opportunities to buy back in at lower levels. Down 6.9% on Friday close as I speak, but has been huge intraday swings of late.
i still stick to my view its overvalued on pe basis , esp in a contracting pe environment
ATM goes shopping https://www.nzx.com/announcements/350456
smart move, good to see.