Regrettably I think that your observations are quite apt and I decided to sell about 2 weeks ago just before I hit my investment price as I need to manage capital. In the event there is an income stream coming in and an improvement in corporate management then that would retake my interest. To watch one’s investment go significantly below investment price is risky as one can reinvest. To ride it out as suggested by some people is fine if you have the money. Of course you restart the CGT clock but a safety net. I do hope that the company turns around but the argument that this fall reflects the market is somewhat overblown. Good luck all.
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Regrettably I think that your observations are quite apt and I...
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