Also understand that one persons pain is another persons profit.
While I think a massive majority of people on here have good intentions, some do not, and some are ill informed.
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Thanks PT . I have scrolled back through many threads looking for one which i think gave 3 scenarios best med and worst re pricing; maybe sparky put it up. seems the "worst " was too optimistic.
There's a NBR article saying chorus ufb speed is useless .......and that the much adored and admired Amy Adams should be looking at whether they are actually performing in the rollout contract ....rather than whether they go broke or not
if you are looking for clarity the first thing you need to do is stop asking us for our opinion. Clarity will arrive only when the participants finally hammer out a deal....that could be months or it could be weeks. None of us know any more than you about the future. The pressure you are under is making you feel nervous and obviously putting you in the position of believing a decision needs to be made. The problem is you (we) don't have enough information. Everybody has a different agenda and investing profile and none of us know what yours is or means to you. Don't wish to be harsh but everybody is trying to help in their own way, which is predicated on themselves and how they operate. To me this is probably adding to your predicament. On one hand not enough information and the other too many opinions. If it was me I would stop posting and concentrate on you and your goals and your own investing profile. If you haven't discovered what that is then its a good time to think about it.
Thanks Birmanboy I have just completely exited CNU for a 100k loss thank you to all genuine posters who have offered help over the last day what finally made my mind up was the possibility of a complete dividend cut as well as a suppressed share price for an extended period of time, I feel the Government has let us down with there weak response to the com com decision after they ramped up the share price with their strong well deal to the com com rhetoric,I will be emailing the PM again to let him know the effect our selling due to uncertainty will have on our retirement and now having to work a couple of years to get back to where we were, also thanks Snapiti for that private concern hope the dogs okay lm a bit animal lover I think they can teach us a lot about genuine love and care for others
Great thanks winner. I never considered the Div being dropped altogether :ohmy: for a while as a poss scenario too! Strategy of a 5 year hold seemed great at the time. Still fence sitting. cheers
Hoop and charting and their fantasy magic lines wouldn't have a clue! Anything their chicken entrails say, is likely to be totally upset, 180 degrees, by some announcement from the government. Be patient and sit on your hands.
Only if u r totally undiversified should you be panicking!
I see Chris Lee thinks CNU will come right eventually but with more appropriate dividends how much lower can you go than a potential zero ?