I'm not all in yet. I'm glad they got the cap raising done before this christmas shock. Fund managers selling risky positions they don't want to explain to trustees.
The question is, when do we start to buy more?
Don't forget buying CFU shares is a bet that the co. will continue to kick the small goals, bit by bit, until first profits, and, one day, first dividends.
The share price droppin in line with the market (and, perhaps, dilution) doesn't actually affect the prospects of the company severely (especially since we've just raised capital)
I just want the share price to go up so that the company can raise capital more easily. That shouldn't be required for a while, if at all, so, although I don't like to see the red, i'm a LOT more relaxed about it than i could be in different circumstances.
Not thinking about selling, thinking about buying if it gets much lower (perhaps 8.5)
CFU Price at posting:
9.6¢ Sentiment: LT Buy Disclosure: Held
