CNB and why it is STILL undervalued!!, page-1304

Not expecting people to listen mate, merely accept a different view.

Real value and market value of a company are two entirely different things and that’s all I’m trying to get across to people. If you understand the difference between the two then you create real value in your own bank account.

IMO the real company value is not reflected in the market value of CNB atm....but unfortunately, market value is what the company is worth in real terms as that dictates the share price.

All I’ve been trying to say is CNB is on a big downward slope and there are great buying opportunities that could easily double you holding if you had sold on the rise.

Im in the position now (because I have been bothered trading) that regardless of what Ann comes out I won’t be worse off because I can afford to rebuy the same packet I sold up at 43c.....likelihood of it opening higher than that on a good Ann is pretty low imo, even if it does the risk is worth it.

Plenty here say ‘I can’t be bothered with selling and buying, I’m holding for long term......so am I.
Thing is though, I was bothered trading. Initially here I had 92,000 shares as a punt (months ago).
Because I could ‘be bothered’ trading I now free carry 200,000 shares (little under) and have cash sitting in the bank from my last sell of CNB that at today’s price will net me just under another 300,000 shares........in all honesty though I’ll hold out and make that closer to 350,000 more shares toward the end of the week when I believe the price will drop further.

Ive been straight up honest about my buys and sells and what I’m doing......at no point have I said CNb is a crap investment long term, I’ve always been bullish long term......but short term the bears have arrived and are mauling the price here.

In all honesty it’s probably too late for people to sell now. The risk/reward isn’t worth it, they’ve missed their chances.