Looks like DUE has broken through Tech/a's resistance level of $2.50. Very strong buyer support v sellers too.
The fundamentals of this utility company look very strong to me (being backed by Macquarie Infrastucture and AMP) and the assets and partnerships seem top notch too. I think one of Warren Buffet's tips was that the best companies to buy into are those that will "last forever". I personally think this one is shaping up that way for the future.
So, I HOLD plenty at this stage - they make up a good percentage of my share trading portfolio. Hopefully they are good for the longer term come hell or high water economies-wise!
I believe an announcement regarding the final dividend for this financial year should be coming in the next couple of weeks. Does any one else hold? If so, do you see long term value in DUE?
As always, these opinions are purely based on my own research. No ramping intended....