Also a derisk, if foolish people get together and make too much noise disrupt the deal between now and July that would end in a hefty paper loss.
If your in for a good profit it's just good trading to lock it up and find sth else to do rather than wait 5 months for an extra 10%, I don't understand the logic behind buying at these levels myself upside is tiny with recommended hard top of 37cents and downside is quite large if anything falls through.
I think it was indeed a prudent sale.
NZC Price at posting:
31.5¢ Sentiment: None Disclosure: Not Held
