The overriding sentiment as I see it is definitely not to sell but serious concern at the collapsed share price, loss of our asset value, the uncertainty of what the hell is going on and trying to understand what’s behind it and how best to deal with it.
That has to be good overall even if it scares off some potential buyers. To ignore something as significant as is happening (especially as a TO could deny us the upside we appear to be on the cusp of) would be akin to Nero fiddling while Rome burns.
CDY Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held