It also gives traders who are looking to add some more diversity to their portfolio away from resources some solid looking opportunities.
More Quotes from David Land:
However, by retaining a sizeable shareholding and a share in the management of the company, they are able to hold on to a good proportion of the company's profitability into the future.David Land
The added benefit from the traders' perspective is that the share buyback should create something of a floor for the price,
David Land
There's a lot of optimism in the sector and not a lot of pessimism.
David Land
The potential for going through 70 a barrel is certainly there, it wouldn't take a lot of bad news. You've got the U.S. hurricane season in the not too distant future, as well as the driving season.
David Land
A lot of the shares that had been the market favorites of late wore the brunt of the sell off today with traders closing down positions quickly.
David Land
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