We are selling our 4% position in Liontown Resources (LTR), taking profits after a significant re-rate higher in the share price.
MM is selling LTR in the Emerging Companies Portfolio, taking profit around $2.09
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We are exiting Nine Entertainment (NEC), to increase cash. The position is mildly in profit when considering the large dividend from the sale of Domain. Funds will be utilised for better growth elsewhere.
MM is selling NEC in the Emerging Companies Portfolio, taking profit around $1.13
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