If the half yearly EBITDA is tredning up then its way undervalued by maybe even 100%. If the half year EBITDA is trending down then its possibly 50% over-valued. So the CEO will either be a hero and we all get an uplift toward the end of Feb or he's going to learn a tough lesson. But either way, assuming its on track in April and delivers a good number for the FY then it should be at least $2 and possibly $6 somewhere between now and June 2022.
So to answer the question, if its trending on no news then its either someone in the know buying or just people like me taking a punt thats its going to deliver a positive report for the first half.
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