I do not know why mangament put cer in that position over 3 years ago having an exposure of well over 2.5 bill aussie is unheard of in any big company let alone cer ....anyway thank god that aussie is very strong and closing out 2 bill of it has now just about closed out the last risk factor with CER and blue sky imo will be ahead ....if i was CER i would close out just another 300 odd mill of the 650 mill remainder and use the rest to offset the future us profits for next couple years....but that just is my opinion as the aussie has a lot more to strenghtn in next few months and years....imo
regards
CER Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held