if one waits until the regulatory activity plays out, then cabcharge will no longer face market uncertainty and the market will price it accordingly.
As Warren Buffett says you pay a lot for fair skys
For myself I am still acquiring, this is my biggest position representing around 7% of the portfolio (I never go above 10% for risk management purposes)
By the way the information provided in the annual general meeting was positive
CAB Price at posting:
$3.88 Sentiment: None Disclosure: Held