As much as I think there is an opportunity here, I have reconsidered and think $4 or less is a real possibility. I think its at a good level, but its not "outstanding" and I think managements in ability to forecast anything will suppress this for a bit. I also note nearly all analysts have put in sub $4 price targets.
I am happy to pay a bit of a "premium" to buy in at $4 for the longer term opportunity, but going to shy away in the short term on todays bounce.
Ann: Update on 1H 22 results and FY2022 outlook, page-175
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