Club Mulgoa

Tuesday, February 14, 2012

EXT

Like many other things, the value of Australian stocks is not appreciated by local investors... until an overseas company lobs a bid.

While I have made a beautiful profit out of EXT, I would have preferred stupid RIO to buy it to feed its uranium processing plant in Namibia. Very dumb CEO.

This stock is one of my best performers so when it is gone and the cash profit is realized, the performance of that portfolio won't look that good! But cash profit is the most desirable...

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