We are selling our 3% holding in AGL Energy (AGL) given growing complexity around it’s future. We are locking in a solid profit.
MM are selling AGL in the Income Portfolio, taking profit around $8.36
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We are buying into Wesfarmers (WES) into recent weakness. We were originally looking for a deeper pullback into the ~$45 region however that now seems too optimistic.
MM are buying WES in the Income Portfolio, allocating 4% around $49.65
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