I've kept my holdings in IDC - they didn't bastardise the SP on the CR, they sold at a premium instead of a discount. Shares aren't as diluted.
I think ABU is fine if you have a super long view - but I'd prefer to sell out and buy back in at a bit of a premium on good news. I've held this for 6+ months to see it back at the same level, while the rest of my portfolio is 25%+ up.
My money needs to work for me, and ABU just isn't going anywhere at the moment. They need to release some more information, or people like me will keep going for the door.
GLTA
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