I sold all my IDL.ASX (Industrea Ltd) shares, on Friday afternoon. Bought them a couple months ago for $0.305 per share. Selling price was $0.405 per share (around 30% gain?).
Here's my portfolio update as of 1st April 2007: IBA, TGR, OXR, DYL, CBH, GIR ...
It was quite interesting to watch Giralia's movement last week. It started the week at $0.75 only to fall 7.3% on the next day. It went up again for the rest of the week to close at $0.80. Pretty!
Hoping to get DYL up again before off-load them. PDN is moving up nicely, and I guess there are some sort of coat-tail effect to DYL. There was also an announcement on Friday, that PDN bought 10 million of DYL shares off the market. This was because their stake was diluted to under 10% by DYL's new capital raising. It apparently important to keep the stake above 10% to block any take over attemps. Have to look again on this one, but hopefully future is better for DYL, as Queensland govt also changed their policy on uranium mining on the Sunshine State.
TGR still quite solid. Few ups and down, but doesn't seem to be in trouble.
CBH, what could I say... It has been hovering at around $0.50- $0.51.. Well at least still on the (very light) green side.
OXR, not sure what's happening... Gold price meant to be up, but the Ox has been down. Ex dividend date is coming on the 11th of April 2007.
And last, IBA was on the red.. Not a red alert yet, but getting there! (I seriously hope not, of course), but last news from iSoft takeover wasn't very pretty....
Hope still see some green days in April (if the war hasn't started yet..).
Happy investing to all!
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