Trimming our coverage list

Our coverage list naturally grows and needs a trim every now and again. On this occasion, it’s a bit like taking Status Quo to the barber.

Our hunt for value takes us across the broadest reaches of the sharemarket, from banks to biotech and resources to retail. As we tiptoe through the market’s nether regions – calculator in hand – we’ll catch fleeting glimpses of value, but typically they won't initially offer us a sufficient margin of safety. So we’ll add a stock to our coverage list, in the hope that its price might wander into our targeted range.

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