sorry royalpunter, I gotcha now - totally agree with that.
on another note, sovereign risk is totally overplayed. Presented a good buying opportunity over the last few days though for those who don't just follow the headlines.
of course, there is always sovereign risk present in every investment, but you have to look at the relative probabilities. An increase in the chance of an adverse sovereign risk event from 1% to 2% due to jurisdiction does not justify a 25% decrease in the share price. Just my thoughts.
Add to My Watchlist
What is My Watchlist?