Personally I haven't bought nor sold for some time. The only decision for me is to whether sell now or convert and see how it goes after conversion - still time to ponder.
Analysts have been up beat about UUUU - not sure whether fulfillment of such expectations will be met - particularly in a sustained or even further curtailing of applicable commodity prices. If met and BSE shares converted then expect to make a bit of money - if one has to pay tax in any event then it means one is in profit and will reduce tax losses for those having such. Besides, being in profit in crappy markets is increasingly difficult.
So, overall not all bad - plus some money via a dividend payment will come in handy without selling heads (for those converting). Perhaps why some are still buying??
Each to their own, each should choose what's best for them, though as you don't hold, you don't have those decisions to make - perhaps you already have a shareholding in UUUU?? Best to you and GLTAH
BSE Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
