Virtually Live: 10th August 2022

Last update - 10 August 2022 By Rivkin

In this episode of Virtually Live, Shannon Rivkin covers: Coles Group (COL), Woolworths (WOW), Pfizer Australia (PFE), Resapp (RAP), Fortescue Metals (FMG), ANZ Retail Entitlement Offer (ASX), OZ Minerals (OZL), and Lake Resources (LKE)

In this week’s show

  • 0:18 – General market update
  • 1:35 – Q1: . I notice with interest, the relatively recent improvement in both COL & WOW and am wondering if it might be prudent to sell down some of the holding for re-entry at lower more realistic levels?
  • 4:26 – Q2: I note today that Pfizer Aust has increased the offer on RAP to $0.208c. Currently trading (closed) at $0.18c. What are your thoughts?
  • 6:56 – Q3: I am holding about 1000 Fortescue Metals shares. Do you think Fortescue Metals’ high dividend is sustainable in the next few years? I intend to increase my holding by 50% for the income.
  • 8:48 – Q4: Payment for the ANZ Retail Entitlement Offer is due NLT 15/08/22. Do you recommend that we take up the entitlement?
  • 10:49 – Q5: What are your views on OZ Minerals (OZL) and Lake Resources (LKE)?

 

Listen to the audio version

 

Video Transcript (click anywhere to play)

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