I believe the value is always going to happen. But so many people have dumped with impatience directed at the management. It's tough to watch and stomach each day but there is a bunch of announcements to occur. Not to mention possibly free shares in the spun off WA asset. There is definitely an opportunity cost holding this share. I have plenty in it. But that opportunity cost of investing elsewhere with the way the general market is going isn't that big after all. If markets bounce back like they did in March it would make this stocks decline harder to cope with. But seeing as everything is down so much, just think of the fundamentals and stay long. You could pull out and leave in cash. Even that would be negative 5% with inflation. At least here you know its going to pop, just a matter of finalisations. Not advice. just my thoughts.
LPI Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
