orbis selling, page-7

Hi all,

It's not downramping, it's reality!

Let's face it, we can't ignore Orbis offloading 26M units. If they continue to offload then we can expect that CER's SP will remain static for some time.

I still have a reasonable size holding however I don't see a great deal of ST upside potential. I'll look to take a bigger position when the SP hits 26c and consolidates at that price or, it'll be late November / early December just before the important announcements start being released.

At 20c CER is still an absolute steal for LT holders. There may be very few chances now to enter a lower SP, unless Orbis decide to bail, which is unlikely.

Good luck to all.

Cheers.