Club Mulgoa

Tuesday, August 21, 2012

The big mining boys

Once RIO, AGO and BHP used to feature prominently on my super portfolio.  Because of buyback programs in RIO and BHP, and because I was top heavy on AGO (having made a lot out of GIR, before and after it was taken over by AGO), I have sold some of these shares off.  Luckily I haven't bought back many of those shares.

They are slipping down within my top 10 parcels in my super fund.  Speculative mining shares have crept into that list, like CTP, PIROA, PCL and CDU, displacing some blue chips.  Those looking to enter the top 10 includes ABU, SIH, PRU, AVB and AZH, with WBC moving up.

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