IPH 2.36% $4.96 iph limited

Ann: Change in substantial holding from PPT, page-5

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  1. 270 Posts.
    lightbulb Created with Sketch. 12
    Yeh its good news. Probably taking a chunk of Bennelong's remaining sell down and anything the partners are selling. Not sure how good Perpetual are but their stock got a good bump on the mid year report.

    I think the money into banks and resources a big factor. Going to end up with a few mid caps paying 5%+ franked dividends and growing that 5-10% a year. Would be great if I hadn't bought last year.
 
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