i think there is one thing that is certain at present, no one knows whats going to happen in the next 6 months. we were discussing the AUD at work yesterday and someone mentioned the fact that 20 analysts provided expectations of the AUD in 6 months time. Of these, only one was spot on (think it was ML) and some were predicting parity and above. What this reinforces is that in this current economic situation, looking in the near term is pointless. Ride out the next 6 months and you will definitely be on a winner with this stock. I just love the fact that debt will be repayed in 12 months, they have a clear expansion plan and are not afraid to invest in it (and its organic) as well as the reliance the Laos government must be starting to have on these sort of companies for economic growth and development (just dimishes soverign risks a little).
if this does go for a takeover, i want to see at least $1.50 before i sign mine away as whilst short term it is not even close to this, longer term $1.50 is just the beginning.
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