QAV Light Weekly Update #57

Hello QAV Light Brigade

It’s another Monday and this is my weekly report.

Well you’ve no doubt heard about the SVB collapse in the USA late last week and it sent the ASX into a tizzy. I’ve heard TK warning for years that when interest rates inevitably started to rise again – despite one of Australia’s top financial journalists trying to tell us “this time it’s different” – it would create havoc in the start-up space and … wow. Just wow. What happens from here is anyone’s guess. And everyone has an opinion. All we can do is ride it out.

BUYS

DISCLOSURE

In the interest of full disclosure, we would like to advise that, as of the date of this email, the QAV team currently hold these stocks in their personal portfolios:

CGF FHE GRR HLI IGL JHG MQG NHC NWH OML QAN QBE RRL S32 SGM SMR WAM WDS

Please note that our personal holdings might not include the stocks we recommend in QAV Light. This is because we already have full portfolios (15-20 stocks) and can only add new stocks if we have to sell something.

If you’re interested in learning more, please review our trading and disclosure policy.

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

1. We send you an email every Monday advising which stocks we are adding to our Light portfolio.
2. You can copy our trades, but please remember to review our Trading Guidelines to understand which cap you should be looking at and other important considerations. And consult a financial planner before making any decisions.
3. We don’t recommend that you add stocks which are already in our portfolio. Their position on our buy list might have changed since we recommended them. Just start with the stocks recommended after you become a member.
4. If one of the stocks we add breaches one of our sell conditions, we will sell it from our portfolio and you’ll get an email advising of the trade. Again, you can copy our trades, but seek financial advice before making any decisions. And please check your Rule #1 price (see Trading Guidelines).

That’s it for today!

If we decide to buy or sell something, we’ll let you know.