@poolhustla81 all in too!!! Yeh, it's probably not anyone's idea...

@poolhustla81 all in too!!! Yeh, it's probably not anyone's idea of being sensible in a bluechip, diversified portfolio. Something, that a financial planner would sleep well with.

I would or could diversify, if anything else even approached the overall quality fundamentals and valuation of SAU. There's absolutely nothing that comes close, IMO though! I hope to eventually, ever so, gradually take some profits. Not until it's at least an 8 or 10 bagger from these levels. Even then, I'd still like to retain >1% stake, as a bare minimum. I also reckon we could eventually (with both countries producing/profiting), be getting divvies that are in excess of our current SP. No need for me to take any profits from selling shares, if this were to eventuate.

I didn't really want to comment about the current SP doldrums. However, I completely expected the SP to hover between 25-30c between July 11 and August11 (DRP window). For instos, like HSBC, this is an arbitrage opportunity to sell 1/8th, 1/16 th or 1/24th of their shares, have the same number of shares distributed back to them at 25c later, and Arb a few cents for each share. This is also why I don't think SAU will release any good news till at least August 14. HSBC (and others) would go nuts arbitraging, even more cents per share, on good news. This would stifle an SP rally too. It's actually in none of our interests to hear good news before Aug 11, when that same news could get far more "bang for buck" from mid August onwards. However, great buying opportunity and I would be buying more if I had dry powder. Good for you - current buyers!!!!