Received latest newsletter in mail today. Seems fairly positive - business as usual really - although recognises that the SP will be volatile for months yet.
I'm surprised the SP has been languishing (albeit on low value of trading) - I suspect the very poor news from OCV is not helping sentiment. We could do with some positive news there, especially on their PIF. LM (unlisted) have been reportedly (AFR last week) getting a run on their fund too.
I'm just sticking these fellas in the back of the drawer, picking up a dividend along the way. Don't care how they spread it.
No need to sell and no intention of doing so. Even if you had geared into these fellas pre-crash, you're ahead of the game.
CIY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
