The good news is that even after today's move (to 46c) we are still trading 31% below the Bell Potter forecast value and 34% below the revised Canaccord valuations - both recently released in late April.
That's gotta tell you there's a way to go in the share price revival.
Don't be too hasty and act too soon just because we've had a good green day.
At the moment we are trading at a post consolidation price of $2.30. I would expect BlackRock and others to have an initial target of $3.xx+.
Sit back and enjoy for the time being. The AT show is about to commence!!!!
GXY Price at posting:
46.3¢ Sentiment: None Disclosure: Held