Of course it’s valued on long term prospects - I’m just questioning whether it’s a hold at this price versus investing elsewhere for a year or 3. I’ve had this stock (as have thousands of others) in my portfolio as a safe as houses conservative bond proxy......we’ve all now learnt there’s no such thing. It’s a shock that it’s now my worst red inker and, for now, even the twice yearly distributions have a big question mark over them. I still think the market is underestimating the loooong road back this stock has .....and the horrendous cash burn that will happen in the process.
SYD Price at posting:
$5.50 Sentiment: Hold Disclosure: Held