im fairly heavily invested in the mid 50s but tempted to add more as this looks excessively cheap.
if it gets to 45c i think ill just have to pull the trigger.
cant understand why a fund is selling it at these prices though instead of holding patiently and trimming in the mid 50s if they want to take profits.
makes me nervous but i think the picture looks rosy for itd medium term so once the selling has washed outi might have to top up then sell them off as it rises later as ill be overweight. risky strategy but i see very limited risk here unless someone has major inside knowledge of a negative (always a possibility).
ITD Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held