GREY:DUNDF - Post by User
Comment by
MrAndersonon Jun 24, 2016 12:25pm
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Post# 24996040
RE:could we go back down sub $8.00?
RE:could we go back down sub $8.00? Hard to say what might happen short term. It takes years to get into the EU and it will take them years to get out. So it is more about how companies will react to slow long term uncertainty and the prospect of eventual change. Initially a company may desire to hold off making decisions but companies cant opperate in "hold" mode for years, so they will get used to it and move on. Also so many companies are bound by longer term contracts for stuff and that is also hard to change.
I think it may be a short to mid term opportunity to invest in good companies, but know one has a crystal ball that sees far enough into the future for this one.