Wed 12 Aug 2020

All Ords 6257 down 15 pts or 0.2%

Superfund portfolio
The portfolio rose 4.2% in value as follows:

An 18.4% rise in Phoslock shares (PET, 22.5¢ up 3.5¢, $141m, daily, hourly) added 5.8% to value. Nice to see the rise but it means little in technical terms; the stock will have to to a lot of work before the picture turns positive.
A 2.2% fall in SciDev shares (SDV, 66¢ down 1.5¢, $98m, daily, hourly) took 0.9% from value. Possibly breaking down?
A 0.5% fall in Audio Pixels shares (AKP, $21.50 down 69¢, $617m, daily, hourly) took 0.5% from value.
Movements in other stocks took 0.2% from value. Main influences were AEI -3.4% (daily), FGR +4.0% (daily) and BGL -7.7% (daily).

Trust portfolio
The portfolio rose 9.1% in value as follows:

The 18.4% rise in Phoslock shares (PET, see details above) added 10.0% to value.
A 2.1% fall in Electro Optic Systems shares (EOS, $5.48 down 12¢, $819m, daily, hourly) took 0.4% from value. Potentially breaking down.
The 0.5% fall in Audio Pixels shares (AKP, see details above) took 0.4% from value.
A 2.4% drop in the US portfolio shaved 0.1% from value.

Other stocks
No comments today.

New breakouts of interest
None today.

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