We are initiating a small position in IREN US this evening, commencing with a 2.5% portfolio weighting. We discussed the stock this morning here, and intend to build on the position as our conviction increases.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM are buying IREN US in the International Equities Portfolio, allocating 2.5% around $US11.50
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