Ken, good luck with you big stake. I decided to bottle it with both Glen & GVC and just sold the lot. Will sit on cash and see what opportunities develop. Tom
It appears that Glen is trading is a ridiculously tight range of 304-305 if you exclude the first 45 minutes. This is most unlike Glen to be so lacking in volatility. Can't call where this will go next. Copper is doing very well but this does not seem to have the influence on the SP as it should. Somehow I think this is the calm before the storm!
Very happy with the modest rise from the 304s to 306s. Hope this is the start of a run into the 310s this week and then the 320s before the dividend. The US China deal will defintely give it a push too.
I've just bought a slug of IAG too. Seems a little overdone today and the July dividends are quite tempting and also indicate that the Co is confident moving forward.
I've been buying in the 304s. I might be a bit premature given the drop off in commodity prices so we shall see. I have stopped for the moment to see what develops. Tom
True Billy. Fridays tend to be unpredictable. I would rather be in cash over the weekend so I hope there is a bit of a spike at some point today. My cost is 302.9 so I could bail out now. Maybe I will lower my expectation to say 305 and start afresh on Monday.
Billy, Yeah, I don't think I'm going to get it today. Seems to be drifting lower and probably not going higher today. Will have to hold over the weekend then.