Could it be that all anyone thinks just now is doom and gloom? There are heaps of people and funds shorting. Looks like the only game in town. Dont think they know or care what damage they are doing. Just after easy money.
CER is tightly held so what is in play will be very volatile. Chances of a forced selloff just now much reduced. No dividend makes the longer term safer, but will CER have top pay punitive tax because of it? It is a trust, not a company. Is it paying no div. because CNP intends ripping out all the earnings in vastly inflated unconscionable fees jut as BNB did to its satellites, especially BBI, before the management got the flick?
CER Price at posting:
6.1¢ Sentiment: None Disclosure: Held