Thu 13 Aug 2020

All Ords 6224 down 33 pts or 0.5%

Superfund portfolio
The portfolio rose 4.9% in value as follows:

  1. A 4.4% rise in Phoslock shares (PET, 23.5¢ up 1¢, $147m, daily, hourly) added 1.6% to value. They would have to exceed 30¢ to change the picture to a more positive one.
  2. An 8.3% rise in SciDev shares (SDV, 71.5¢ up 5.5¢, $107m, daily, hourly) added 3.2% to value. Outlook changed from mildly negative to mildly positive.
  3. A 0.5% rise in Audio Pixels shares (AKP, $21.60 up 10¢, $620m, daily) added 0.1% to value.
  4. Movements in other stocks made little difference to value.

Trust portfolio
The portfolio rose 2.9% in value as follows:

  1. The 4.4% rise in Phoslock shares (PET, see details above) added 2.6% to value.
  2. A 1.5% rise in Electro Optic Systems shares (EOS, $5.56 up 8¢, $831m, daily) added 0.2% to value.
  3. The 0.5% rise in Audio Pixels shares (AKP, see details above) added 0.1% to value.
  4. The US portfolio did not change in value.

Other stocks
No comments today.

New breakouts of interest
Jervois Mining (JRV, 34¢ up 4.5¢, $218m, daily)
Small but high grade cobalt/copper resource in Idaho USA.

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