25
Jan

The Quest Sophisticated Investor portfolio returned negative 7.1% after fees in a market that fell 10.9% over the calendar year. That result is 3.8% ahead of the market, just shy of our 4% out performance target. The best stocks for us were Transurban Group, Macarthur Coal and GPT Group.
04
Jan

Waste business Dolomatrix (DMX) has proposed to sell all of the business to Tox Free Solutions for $58 million. DMX intends to give the cash back to shareholders leaving a listed shell that may also be sold. Dolomatrix shares, which have languished for years amidst almost total market disinterest, popped 38% to 36 cents from 26 cents. Shareholders should receive approximately 39 cents after the transaction is closed.