RNF - you accuse those that sold of acting on emotion. I actually see more posters on here acting on another emotion - love for their CDU baby.
Its the old rule: "never fall in love with your stock"
For a few clicks of the mouse and $40 in transaction costs you could shift your money effortlessly into another stock with credible management, positive sentiment and better prospects. So often we see posters on here hang on until grim death, still believing in fairytales.
CDU may well bounce a bit, but negative sentiment will see it drift aimlessly for a while and with CDU having appointed a corporate advisor to assist with raising up to $200m in development capital, institutionals will sit on the sideline. Such a cap raising is unlikely to take place until changes are made to the board also.
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