If I remember correctly this ($2) was about the point you bailed on your CNU holding wasn't it Couta?
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Unfortunately you can't right off the Con.Con's influence yet and a draft proposal against the best interests of CNU could kick the current advance in share price back into touch IMHO.
While the media remains negative and bitches about CNU's future, CNU's shareprice has been quietly going about doing its own business...A month ago after a lengthy trading range period it finally broke out and triggered mass TA buy signals ...and has since gained 10% ...To date it is still in the same uptrend ...It was not affected by the recent NZX weakness...
Disc: hold (accumulating)..
Not sure - as I see it, the fundamentals haven't changed, and the com com risk is difficult to calculate. Just sold my shares - with an overall gain (not sure, whether I expected 6 months ago to make money with this stock ....).
Anyway - good luck to all the holders and newcomers. It is a fine monopolistic company, just think that the SP is currently more driven by hype and TA instead of by fundamentals - unless somebody knows more that we do.
I remember analysts valuing CNU at ~$1.90 despite comcom. Maybe it was just oversold?