No not grumpy at all, Beagles post was all about KFL and nothing about A2.
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a2 will get sold off more if biden wins cause us dollar will tank nzd race higher
Well I have to give credit to the insto's they are master manipulators, a year ago to the day the sp drop % from its high is almost a mirror image of what it is today, retail punters like lambs to the slaughter.
Yes the last warrant exercise and discount to diluted NTA created a very, very interesting opportunity for those who had the funds to deploy.
BRM trading at an unprecedented 16% premium to NTA...MLN and KFL also at quite a premium. I can't help wondering, (given the incredibly low level of interest rates and many shares not paying dividends this year) if its retired folks chasing the reliability of the 8% PIE tax free income ?
KFL have done well, no argument with that but sheeting this back on topic ATM shares touched a low of $12.19 this time last year (before anyone had even heard of Covid), and I think the outlook now is considerably more cloudy and challenging, especially on the geopolitical front. A test of that level wouldn't surprise me in the slightest, time will tell.
My reservation about KFL is the concentration of their portfolio compared to the other two, (hence my comment about perhaps a fresh perspective being needed earlier today), which are far better diversified. Perhaps we should chat some more about that in the appropriate thread.
Deleted. Sorry double post
Excellent got filled at 14.21 and 14.06. Last hour has seen a a lot crossing the spread from .06 . Is going to be hard to break resistance at 14 i think
bidens ahead in florida , key swing state . close though.