Club Mulgoa

Thursday, April 11, 2019

NWL

Today, I consider it to be a good announcement when there is a big increase in the amount of fund under management.  But that includes inherent increase in the value of the fund.  New fund is still coming in but there appears to be something negative which I can't understand.

So NWL got punished today.  However, like the previous announcement, investors are expecting miracles.  The punishment went on a bit longer the last time and then when it turned, it was a very marked uptick.  Well, when it fell today, I rang my bell!  So I topped up a bit today.  Foolish?

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