4.12 Not the worst day to be feeling ill. I've spent most of the day on the couch watching cricket. The market itself has been in a quiet holiday mood and the early strength dwindled away before a little blip up in the match to leave us with a gain of 6 points.
I sold out half of my Arrow Energy which is 6,000 shares at an average of 424.33 for a gain of 1070 less costs of 32. I took advantage of a couple of strong days to lighten the load.
I also sold out one third of the Lihir Gold long at 330 (v 318) which is 5,000 shares at 12 c for a gain of 600 less costs of 31 (costs are for the whole deal, ie buy 15k and sell 15k). The reasoning in Lgl is that it has had a few days to push through 331 and hasn't so far, therefore I'm taking some risk out of the position.
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