I was at the Frankston Freeway end on Tuesday and near Bangholme, surface is laid with lines already marked.
A long term hold for me, happy to hold mine 5+ years.
People do tend to look at stocks on a day-to-day, minute to minute basis but looking at the long term is the easiest and less stressful.
The equation as I see it is thus:
CEU at present is trading around $1.50. On that price it pays a 6.7% dividend fully tax deferred, which is better than then 7.7% you can get a term deposit when you take tax into consideration.
And ask oneself, if 5 years time, will CEU be above its current share price of $1.50?
If you think yes, then its a better buy than cash.
And CEU hasn't even opened at its at $1.50, give it a year or two of proven traffic data and $1.50 will be old old news.
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