It's a bit disheartening holding this stock. I try to ignore it, but as an avid reader of the AFR, it seems to make the headlines weekly... most of the time negative. I'm still getting a yield of 5% on my average price ($2 div... i know they'll cut), so I'm trying to treat this as a dividend stock now. It's funny that I'm all for cutting losses, but with this drawdown over the past year, it almost feels pointless. I'll keep holding to remind myself of the newfound lesson - Don't trust your capital with "expert" fund managers. To those interested in picking up a bargain, I'd recommend looking elswhere... But who knows, maybe this is the "blood in the streets" moment we all salivate at in hindsight. Best of luck.
MFG Price at posting:
$13.12 Sentiment: None Disclosure: Held
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