We are stepping up and buying defensive infrastructure company DBI. We were hoping to pick the stock up nearer $3.20, however we missed that level. We have elected to ‘pay up’ given the strong trend playing out in the stock. DBI yields ~7%, 60% franked.
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 25th June – Dow +507pts, SPI up +5pts
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MM are buying DBI in the Active Income Portfolio, allocating 4% around $3.36
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