next stop .25, page-16

g'day limp,

The buy depth has thickened up considerably in the past three sessions and the encouraging thing today was the buyers being prepared to gobb,e up all on offer rather than wait for sellers to meet them. No doubt that once the announcements start rolling out the new buyers will have to chase sellers, because there are a lot of shares in strong hands that know the full story is only just beginning to unfold.

Hopefully, worst is now behind, and although there's a long way to go would really like to see a gradual build up to the .25 mark before launching from a solid base. .50 by mid-year is possible if the market starts to wake up to the growth potential of PBI's business model for Uk training centres. Not to mention the blockbuster possibility of a cochlear tie-up to roll out simulators in Asia.

At least its heading in the right direction. Long way to go. But those who bought last week at .145 would be pretty pleased right now.