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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Corby Spirit and Wine Limited Unlimited Voting Common Shares (CSW.A)
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Q: Good morning.

I am down 35% on CSW.A with an effective yield of 4.4% on the purchase price. It is my cash account.

Is there really any point in continuing to hold this one? From reading answers to previous questions it does not appear there is any significant growth potential.

I think it would be best to take the capital loss and buy a BNS, BCE or ENB. Even with the loss I would make more income.

Your thoughts please.

Thanks.

Asked by Dave on December 01, 2023

5i Research Answer:

We have posted additional comments on it this morning. We would agree, and with a useable loss we would be comfortable selling.

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