Gents,
The pain is felt by myself also. I have 900k units of this puppy and at the moment she is causing me some heartache.
I think we are going to have some short term pain however long term I firmly believe that Europe must recover and in unison with this AEZ will recover.
If anything the current price provides a buying opportunity and i will be topping up very soon if this trend continues.
As has been mentioned earlier the cost to replace assets in Europe far exceeds their current value, so I am prepared to hold and put in the bottom drawer. It could be a couple of years though :)
Matt
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