QAN is experiencing a particularly tough June due to weak consumer fears combined with rising fuel costs. Similar to the previous 3 stocks we’ve looked at today a meaningful recovery is unlikely until central banks regain investors’ confidence hence MM is considering switching our QAN holding in our Flagship Growth Portfolio.
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Performance update for March, stocks that drove returns & our current positioning
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Tuesday 23rd April – ASX200 +26pts, Northern Star (NST), Chrysos (C79), Brambles (BXB)
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Market Matters Research Lead Shawn Hickman with David Koch
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Tuesday 23rd April – DOW up +253pts, SPI up +19pts
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MM is neutral QAN around $4.50
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