The current stock price is in my view driven by sentiment . Just like when FXJ was sold down to the mid 30s a few years back due to the overblown fear print media would dissapear. There are a few headwinds but consolidation will happen sooner than later and the earnings profile of the stock does not justify current SP
I have been topping up every day , close to reaching my desired position ( have bought from 36.5 down to 34.5 with average sitting just under 36
PRT Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held