Everyone is having the same thoughts, bit I dont think CER is going to drop to 1.6c again. I don't know where this merger with CNP will end up, but we have much lower debt now.
Personally, I intend to hold until after results come out at end of month, and make a decision from there. Happy to hold in the long term, but yes, all the GFC2 doom and gloom just makes you want to sell up and run for the hills
Good luck.