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[USER=43636]@Telamelo[/USER] covers much of my thoughts very nicely  , where i differ is i am very unlikely to buy up to a 40% weighting   of a stock  , normally more than 20% makes me feel uncomfortable


 now the one exception was an adventure in BSL several years ago  when they did that cap. raise @ 40 cents ( and consolidated 6 shares into 1 giving a 'new share ' value of $2.40 ) i already held a tidy parcel of BSL after buying it in the turmoil before the cap. raise buying as low as 27 cents (  $1.62 a 'new share' ) now i intended to buy in the SPP but the paperwork got lost , so after a long call to BSL  a staff member organised that i could buy an institutional-sized placement through a full-sized broker  ( seems at the time  i could barely squeak into that category ) and eventually BSL  worked up to about 20%  of the portfolio via  capital gains  ( i have since sold out of both holdings of BSL  little realizing the share price would more than double again from my selling price )


 for me , ( currently) i try to keep a holding below 20% of the total portfolio  , by taking timely profits


 cheers


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