Yep, down a few pips but I knew that going in I may not be able to time the bottom. We also know that the quarterly will be average so the bottom may not be in particularly with the director resignation creating a bit more uncertainty.
But lots and lots of bad news is priced into the present SP. My strategy has always been to hold for at least a year unless something materially changes to my original thesis, which it has not. This also recognises that the risk level is high for this investment.
CXZ Price at posting:
1.4¢ Sentiment: None Disclosure: Held
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