Reported NAV jumped quite nicely last week (around 3c from memory) and as the US market has been super bullish since then I’m hoping for another few cents this week. I was stopped out by that loyalty unit sell down in Dec as I has set the stop fearing a harsher sell down than what eventuated.
I ended up buying back in for a couple of cents less than I stopped out, probably should have bought more in the low 1.60s because I like the exposure to the US market.
MGG Price at posting:
$1.62 Sentiment: None Disclosure: Not Held