Well @AllFuelledUp, Cheap CabSav and some Bega cheese for me (on...

Well @AllFuelledUp,

Cheap CabSav and some Bega cheese for me (on Jatz of course).

As I mentioned in a previous post I sold out at around 94 (cum div) and bought ACQ with the proceeds.  Too much uncertainty with this crowd for me and this money is in my small cap allocation.  The plot has become even more strange since then but I have no skin in this melodrama, just watching with amusement and interest.

ACQ has gone from 94 to 100 in that time.  I am not trying to skite, just pointing out that there are other opportunities.  You have to know when to hold them and know when to fold them as Kenny says.  In a reasonable diverse portfolio crap is going to happen every now and again in some component.   Also note that the market has gone up over the last month while this uncertainty has unfolded so money in an ETF would have been good as well.

I truly hope shareholders get out of this act with their funds intact.  I have taken the jump ship path at a discount so I don't have the stress expressed in this forum (though the capital gains tax will bite me).

Best of luck and cheers, with a glass of red in my hand.  
Your humble and non-expert correspondent.