Iona,
Wouldn't mind a look at your numbers.
Expect market may be factorring in (hoping) for say a 1% improvement based on $5 bill revenues ie ~ $50 mill which would add ~ 8c to your 4c to provide 12c. If the rally continues beyond 12c then extra profit factorred in.
In short, the punters appear to have backed Price in to deliver an improved bottom line, and to be frank, if somehow he can turn this around then the current 10c will be cheap.
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