Contact Energy is a stock that we visited here around about 4 weeks ago.
It was under $7 and that has changed and done what I said it has gone and packed on about 8% to close at $7.50.
This has passed my comfort levels and I would rate it a sell.
It could go UP from these levels.
BUT I am keeping my shareholding as I said Im a long termer and I can think of no better place to park my money.
It's paying around 4.5 %.
CEN @ Share Investor
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