When the SP was around 16-17c I was planning on maxing out the shortfall entitlement and flipping the whole lot for a quick profit.
But the market has had the stuffing knocked out of it and the new equilibrium is at the breakeven point of 14-15c so I probably won't bother.
I can take consolation the deal had enough downside protection to even survive a Resource Tax and a mini-GFC. But the horse has bolted, been shot, and there is no point in now trying to beat it.
GDA Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held