When the pension funds have huge cash inflows that require investment to maintain benefits an over 10% return, reasonably safely assured, when call or medium term money generates less than a third of that needs to be taken into account. Borrowing at low interest rates and climbing into instos at 9% + yields even in the short-term has to be all good. Has worked for me since April.
The rain falls equally on the just and the unjust.
ENV APA SKI AIX SPN MAP MIG
DYOR - HC a good place to start
HDF Price at posting:
$1.04 Sentiment: Hold Disclosure: Held