slowly going down, page-12

^That's why I sold. I'll be back in at some (cheaper) stage, but I know CFE tends to be ignored and underperform short term. I remember how long it spent sitting in the low forties. It's great when they make a deal, but it's only recently that Tony has turned the strategy into capital gain + cashflow deals - and it's risky to be holding a big mine when there is mounting evidence of commodities speculation and overbuilding in China. They're not exactly the most liquid of things...

I guess what I'm saying is that, having sold, I'm betting the general commodities bubble bursts before the assets are all converted to cash and paid out as dividends/reinvested. And I might be able to buy in again at 35c-ish at less than NTA with another 7c dividend on offer - it's happened before!