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LSEers are claiming he's at a loss and averaging down ... I think not... he was up to a 13% holding July last year around 400p mark, and started buying heavily again in to the recent drop. He's buying cheap cash generation... thats the idea of the absolute return fund.... finding ways to make a return regardless of market conditions, big dividend payer for cheap seems a good strategy!
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For the DTM chaps.
DTM Early Birds is a discussion created by BuyBAO on 30 Jun 2014.
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