PNI has been sold off aggressively from recent highs and is now back to an attractive valuation. We are initiating a new position with a 4% weighting.
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Buy Hold Sell: The best and worst performers of FY25
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Wednesday 27th August – Dow up +135pts, SPI up +47pts
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Monday 25th August – Dow Jones +846pts, SPI Futures +84pts
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MM are buying PNI in the Emerging Companies Portfolio, allocating 4% around $18
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