TP=$11 if $15 cannot hold, page-15

71c4 I know you know more about ori and the industry than I -but dont make it blind you to opportunities! I can distinctly remember being put off buying more cba at $7 odd years ago by people who worked in the bank at manager level. Incitec was another where I discussed buying with a few staff members when it was $1 eons ago and a few share splits ago -it went up 10 or 15 times when I was in my late 20's or early 30's a good while ago. Of course the converse happens more often -i.e. a rosy picture is painted when the outlook and shareprice is going to tank!!

hsp- I read an analyst report like that when I was going to have a big go at blackmores when they were about $32 bucks about a year ago and I was going to have a big lick ! I still bought but not enough!!

I dont expect orica will do anything like bkl and not real well for a while at least, but feel confident that they will be dearer come next year (barring a huge fallout from China and its debts!)