I sold most of my holding at an average price of 13 cents, because:
-The probability of retaining the UBS properties has increased
-But the probability of doing so without a placement or pro rata share issue has decreased
-The probability of a wind- up of the trust has decreased from low to very low
-The price went up when the pending financial results were obviously going to be worse than the previous half
-There are better value stocks
This stock is ok for a very small holding though.
- Forums
- ASX - By Stock
- RNY
- disappointing result
disappointing result, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)