MM allocated 3% of our Flagship Growth Portfolio into STO at $6.54 with the intention of increasing the position ~$6.20. Previously we’ve held off from further purchases due to the overall look & feel of the market but following the recent panic across the sector we believe an excellent entry into STO is on offer i.e. MM is looking to follow our initial plan and add an additional 2% to our STO holding. NB STO trades ex-dividend today for 7.5c fully franked.
scroll
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Wednesday 24th April – DOW +263pts, SPI +27pts
Close
MM likes STO below $6.00
Add To Hit List
Related Q&A
Why MM has reduced our energy exposure
Where to for crude oil?
What to buy with spare cash?
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.