CNP 0.00% 4.0¢ cnpr group

Hi rcponting,for those who believe CNP will recover, the only...

  1. 4,683 Posts.
    Hi rcponting,

    for those who believe CNP will recover, the only bad thing about the SP dropping is not getting more shares for the outlay of money. So whilst it's a bargain, it could have been more of a bargain. :-)

    I think what drives most believers is getting in at a cost is a better option than missing the boat when the SP rises. Which as you've probably seen is a fast event.

    You hold now, so what do you hold for? A recovery or not to realise a loss?

    Also it depends in my mind how much you have invested. A few people on this board have in excess of $500,000 worth of CNP stock.

    You need to be comfortable topping up. Or look at it this way. It'll allow you to bail if you so desire at a lower SP.

    Personally I see the dividend payments of the last 3 years and as a believer and a largish holder I would be happy with 50% of those amounts in a few years time.

 
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