Ann: Market Update - Profit Guidance, page-9

Took two days with slightly higher volume and they purchased more than 50% of the daily volume and as high as 58% on those days. They would probably be higher on low volume days. So my view is that it could be lower by about 20% always remembering that as you go lower you have two forces acting against each other - There are those that sell out because of the lower price and there are those that won't sell because they see it as having a higher value.

My view is 20c to 24c but its purely my view as a potential buyer now that I am sitting on the sidelines.