Basically came to this one after some scans/filters. Expect some strength in the sp in the lead up to next dividend. Supported by NAV. Like the way the investment style reads too:
"A number of our core investment managers were able to take advantage of the market declines due to substantial short positions in selected financial stocks and subprime securities. Many investment managers remain bearish on the medium term direction of the markets and believe that the credit crisis will take an extended period of time to resolve. While these investment managers are well hedged against falls in the markets, they are nevertheless wary of a traditional December year end rally which may result in a temporary upswing in the markets."
I'll take the DRP option and let 20+% pa look after itself.
EBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
