All Ords 7564 up 39 pts or 0.5%Another strong move by AKP today, and SDV and some others did well too, so it was a good day for the portfolios. For once. And I did more work on the PEK valuation and came up with some interesting conclusions.Portfolio performancesThe Superfund portfolio gained 4.5% as follows:A … Read more
All Ords 7526 up 42 pts or 0.6%The gain from a substantial rise in AKP was whittled down due to falls elsewhere, especially in SDV and PET.I completed my spreadsheet on PEK and did some sensitivity analysis.Portfolio performancesThe Superfund portfolio gained 1.8% as follows:A 20.9% rise in Audio Pixels (AKP, $9.49 up $1.54, $276m, wkly, … Read more
All Ords 7484 up 24 pts or 0.3%Another good day.Portfolio performancesThe Superfund portfolio rose 3.2%, taking the gain for the week to 3.5% and the return for the financial YTD to minus 36.6%. Movements today were as follows:A 9.4% rise in Phoslock (PET, 5.8¢ up 0.5¢, $36m, daily, hrly) added 1.5%. A 3.3% rise in … Read more
All OrdsAll Ords 7543 down 8 pts or 0.1%An important announcement from CXL was the feature of my day. An agreement on using Leilac for direct air capture (DAC), which could be huge. And improved guidance on future royalty rates reduces risk for investors.Portfolio transactionsThis morning the Superfund sold a tiny portion of the CXL … Read more
All Ords 7696 down 45 pts or 0.4%Good performances elsewhere were offset by another drop in AKP.Portfolio performancesThe Superfund portfolio lost 0.3% as follows:A 6.4% fall in Audio Pixels (AKP, $7.49 down 51¢, $218m, wkly, daily, hrly) took 1.4%. A 2.4% rise in SciDev (SDV, 42¢ up 1¢, $80m, daily, hrly) added 0.5%. A 7.8% … Read more
All Ords 7741 up 27 pts or 0.4%Saved by another terrific performance by PET, out of the blue again.I comment at length on ADN and on PEK. I am familiar with ADN and think it is way too cheap, as you know by now, while the more I look at PEK the more I like … Read more
All Ords 7746 down 26 pts or 0.3%The main feature today was the big pullback in PET, not unexpected after the dramatic rise out of nowhere last week.Portfolio performancesThe Superfund portfolio lost 4.1% as follows:A 14.0% fall in Phoslock (PET, 5.5¢ down 0.9¢, $34m, daily, hrly) took 2.4%. A 10.7% fall in Animoca on Primary … Read more
All Ords 6865 up 18 pts or 0.3%This post was completed on Saturday morning, which is often the case for the end of the week when I am so tired late at night that I cannot continue, but of course on Saturday mornings I am refreshed and can do a much better job and expand … Read more