RE: Orphan30 May 2014 11:20
91p close today
Respect to Graftman if the sp holds or rises. Got as low as about......................................88p yesterday!
My historic strategy with overseas shares (ACHL/CEY/MML etc) was to trade actively, buying post dips and selling when "frothy". Easy, cheap (no stamp duty) and fun. Now that I've consolidated my MML holdings within my ISA, it'll be left with my holders which are pretty straight-laced stuff including prefs (e.g. SANB). The active trader in me can't help but look at these every day, even though I now have no intention of selling.
While I might agree with you re BoD, there are some ventures which even the seriously "gifted" couldn't f-up. I think MML falls into this category which is why I'm laid back about the current sp.
Which platform do you usually use? HL (mine) are prohibitively expensive for AU shares, so re-entry would (even at 85p) be too costly unless seriously lumpy. My mate says that Waterhouse are better for AU shares.
Best of luck whatever you decide.
Gla, Orphan