Not as badly stung as those who bought at $2.00 - when many thought John Key would intervene.
Plus, the real sting or tequila shot will be next week after the PWC report is released and government acts.
Could see $2.00 or could see $1.30 again.
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Buyers still moving up to meet sellers. Where will she settle
Still the PWC report doesn't answer the question of whether there will be any dividends or not and any real Govt action could still be along way off, I hope people don't get sucked in with any more false Govt promises like we will override the comcom etc, in many ways I'd like to see CNU lose the contract and see it retendered and then we would see the true value of Chorus as a company
Off course the other point is that both ACC and Milford can afford to gamble as they have nothing to lose after all the money they are using doesn't belong to them and in ACCs case it belongs to all of us on this forum