I don't think today's price action is to do with any imminent news release.Rather its on the back of last weeks investor presentations which were very positive and the US market having such a strong finish to last week allowing our market to have such a big day.
Nonetheless its only a matter of time before we see a breakout and close above 64.5c.For me my target is 85-90c but $1 is definitely possible.The gap up from the 15th to the 16th April hasn't been filled yet so it will be interesting to see if it does this before breaking out.If it doesn't do this in the next few days or by the end of the week then maybe a breakout is sooner than later.
Cheers
Tigerpen8
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