Wednesday, September 17, 2014

A very small amount of value on Scottish referendum

On the eve of the Scottish independence election there's not much value in my portfolio. I took $1.23 about the "No" vote back in February and $1.30 twice after that. Tonight the market puts "No" around the $1.22 mark so my advantage if I cashed my chips before the votes are counted would be marginal.
Still, I am sticking with my judgment that Scots will prove to be like Australians and vote "No" when some of the major parties are on that side of things.

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