Had to sell down some today, I'm about 90% of portfolio now, but am 200k in the green and keeping a close eye on it, but missed the bl..dy meeting, so the eye wasn't that close after all today:).
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Little snippet from the AFR
Despite the strong share price gains, some investors appear unhappy with chairman David Hearn, who received a 24.8 per cent protest vote against his re-election at the meeting.
Mr Hearn carries out some executive functions, which clashes with corporate governance guidelines upheld by many Australian proxy advisers.
Read more: http://www.afr.com/business/retail/f...#ixzz4z3SuDFAz
Amazing presentation and results.. double digits so for this stock may not be just a dream after all.
I love this stock. Seems like great management team, always over-delivering. However, I can't be buying more here or above $7.50 at the moment. That recent plummet to $6.95 seems forgotten. People couldn't get out it was so fast. I think many of those people will be relieved to sell into this current rally. It also seems scarily one-way bullish sentiment on here. Seems like a crowded trade with everyone who wants to get on, having had their chance to get in. I watch with interest for a while.
Forbar upgrade this morning to "outperform". Target price $9.50.