I am in the same position as you. There are also more market commentators that are saying the indices are too hot (Charlie Atkien and Ian Huntley for starters).
With a heap of selling-the-fact that is going on at present I too am a little cautious of adding to my current heavy MOF position but would find it too tempting if it went back into the teens.
(From our recent MCP returns) I am cashing up a bit to see if the 50% ASX surge + Sept/ Oct leads to an index wide pull back in the coming couple of months.
MOF would be high up the list of stocks that I would add to if that did, in fact, eventuate.
(My Buy disclosure is provided/ intended for those not holding MOF currently)
Cheers John
MOF Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
