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A strong week for the portfolio which added +2.1% overall with a +19% surge by Whitehaven Coal (WHC) more than offsetting weakness in our mining services holdings in NRW Holdings (NWH) and Monadelphous (MND). Xero (XRO) & Megaport (MP1) were also strong. Overall we are comfortable with our current portfolio and 13% cash position, although bear in mind that 6% is still earmarked to buy Bank of QLD (BOQ) ~$8.50
Aside from that, one particular tweak previously discussed now feels right.
MM is considering reducing our Whitehaven Coal (WHC) position and increasing our holding in BNPL stock Zip (Z1P) with the proceeds, 2% each.
