If it fell back to 12 - 16, then it would based on either a series of serious negative earnings re-ratings or macro economic issues (ie recession) eventuating, and you might get the chance to 'reduce your average cost' by a lot more as it proceeds down to under 10! Then how long does it stay down there while you are sitting on a large negative holding. The earnings for the half have been released, and projections are now announced for the next half.
Surely it is better to want a recession avoided and travel to continue increasing, leading to increasing earnings and SP for CTD. It can be a difficult decision to buy stocks at any time - good luck with your investing.
CTD Price at posting:
$18.10 Sentiment: Buy Disclosure: Held
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