After reading more about the new CEO and his track record at Allied Irish last night, I decided to buy CYB this morning.
At the moment, CYB represents about 1% of my portfolio and I am happy to leave it at that for now.
When the 2nd half dividend starts to roll in, in the absence of other opportunities and if CYB is still trading at around this level, or even better, lower, I might consider topping up.
CYB Price at posting:
$3.98 Sentiment: Buy Disclosure: Held