IRE has been in the news of late with huge volumes leading to anticipation of corporate activity and in today’s active M&A environment it feels like this might be another case of there’s no smoke without fire. A small “situation play” investment into weakness under $13 is tempting, it does feel very well supported into any selling.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM likes IRE as a situation play sub $13
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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