Chart Update, page-903

Thanks for you insight @h00ts,

Bummer, we were thinking about selling a portion of our A2 to buy at auction later on in the month and do a knock down rebuild. Like your chart implies and my personal feelings tell me as well, its due for a break out anytime between now and the next profit report. I would hate to cash some in only to see it jump up 10% or more before settlement. I suppose with the way the heat is coming off the real estate market we should be wary of succumbing to the FOMO and be willing to wait longer but shitty derelict homes in the best street in upmarket suburbs dont come up that often. Going to be a hard call to make regarding cashing in A2 shares prior to auction day or not.

No one can claim with certainty that the next report will be good enough to justify a higher SP break out. Then again if its just average we could see another 10%+ drop as well but with the recent announcement of increased supply from their existing supplier and their new tie up with Fonterra you would think the likelyhood of a breakout would be more skewed to a much higher SP, not a lower one.