All Ords 7662 up 63 pts or 0.8%Have we seen the bottom for the resources sector?Portfolio performancesThe Superfund portfolio fell 0.1%, taking the loss for the week to 0.4% and the return for the financial YTD to minus 20.1%. Movements today were as follows:An 8.0% rise in Besra Gold (BEZ, 13.5¢ up 1¢, $56m or … Read more
All Ords 7416 up 51 pts or 0.7%Bought more VMM and completed the ADN spreadsheet. Both look very cheap to me but as you well know I am not infallible.Portfolio transactionsThis morning I purchased some more VMM at 65¢, adding 75% to the position and taking the holding to a weighting of 5.8%. The quid … Read more
All Ords 7219 up 76 pts or 1.0%A few things happening today.Portfolio performancesThe Superfund portfolio lost 0.1% as follows:A 6.5% fall in Alpha (A4N, 72¢ down 5¢, $618m, daily, hrly) took 1.2%. A 4.0% rise in Audio Pixels (AKP, $8.81 up 34¢, $256m, daily, hrly) added 1.0%. A 4.5% fall in SciDev (SDV, 32¢ down … Read more
All Ords 7350 evenAt the prompting of a subcriber I corrected the calc for Investment Trust performance. I had been calculating a YTD return worse than -100%, which of course is impossible. The correct figure is -80% (when PET relisted the YTD return went from +0.4% to -65% in one day, and the stock has … Read more
All Ords 6877 up 40 pts or 0.6%Portfolio transactionsThis morning I took advantage of the further rally in CXL to sell a few more shares at $5.84, amounting to about one sixth of the original holding, so now the sales amount to about half the holding. I don’t intend to sell any more at this … Read more
In response to feedback from subscribers I engaged a WordPress consultant to make it easier for you to access the website. In theory, when next you go to the site you will have access immediately without having to login. In practice it might not be so easy. Please let me know if there are any … Read more
All Ords 7868 up 46 pts or 0.6%Superfund portfolio performanceThe portfolio lost 1.4% as follows:A 5.4% fall in SciDev (SDV, 44¢ down 2.5¢, $83m, daily, hrly) took 1.0%.A 6.3% fall in Animoca on Primary Markets ($3.75 down 25¢, $6.7b) took 0.9%.A 6.2% rise in Alpha (A4N, 69¢ up 4¢, $549m, daily, hrly) added 0.4%.A 2.5% … Read more
All Ords 7717 down 80 pts or 1.0%Superfund portfolio performanceThe portfolio lost 0.4%, taking the gain for the week to 1.0% and the return for the financial YTD to 6.4%. Movements today were as follows:A 2.6% fall in SciDev (SDV, 56.5¢ down 1.5¢, $106m, daily, hrly) took 0.5%.A 6.9% rise in Alpha (A4N, 66¢ up … Read more