CGF 3.99% $6.25 challenger limited

Why I’ve changed my mind on CGF, and some thoughts on sell discipline, page-22

  1. 3,054 Posts.
    lightbulb Created with Sketch. 149
    Very strong jump yesterday. Nice to see. (Mr Market still in bull mode).
    And usually there is a good follow-on from this sort of initial reaction.

    I have been a long term CGF holder and wonder how long it will take for them to replace the sales void caused by the RC. Could be a while yet. Personally I cant see much joy in the HY numbers. But the market clearly thinks otherwise.....

    Glad I didn't sell, but have got very close to being shaken out. Its a test of patience at the moment and I am fighting the thought that the current strength is a selling opportunity.

    Gosouth
 
watchlist Created with Sketch. Add CGF (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.