Tomorrow will see APX report its sins to the market, expectations are certainly on the low side, hopefully (not a great word to use as an investor) we will see a carbon copy of a2 Milk (A2M) which rallied strongly after delivering no hidden nasty surprises. However if we don’t like what we read subscribers should be prepared for us to cut the holding and reallocate into Xero (XRO) as it trades around ~$100 and we look for a decent recovery by tech names.
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Buy Hold Sell: The best and worst performers of FY25
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Friday 11th July – Dow up +192pts, SPI up +27pts
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MM will reconsider our APX position following its result on Thursday
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