chin up Rita....this is unfortunately a patience stock....once peninsula link is complete some real value will be unlocked. I think the key is traffic ramp up....melbourne is very busy these days...I foresee traffic ramp up continuing well beyond the forecasts. CP who hold over 1/3 of the registry agree....their rationale in holding many toll roads is that toll roads continue to grow traffic throughout their life so it's essentially a sure bet!
Having said that I am not patient and are really waiting for the t/o which i beleive is a maater of when, not if. of course in the meantime there are other opportunities so this has to be weighed up! Was relieved to see the stock bounce hard off 43 back to it's usual 44.
CEU Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held