Club Mulgoa

Monday, February 04, 2013

CDU NEN

While drilling for "pit dewatering", it found copper, mixed with cobalt, in decent grade.  And because the market sentiment is down, the share price went down, too.  I find it very hard to resist buying when there is good news and the shares are dumped.  I collected a small parcel at $4.32.

There was an excellent write-up on NEN by the financial editor of The Australian.  And the share price fell too.  Since it is below my average buy price and I need to round it up, I topped up NEN at 22c.

Looks like my February super contribution is accounted for!

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