read the crikey article that i posted on this site a couple of days ago.
Reputable brokers have price targets of $1.90 - $2.40 on this one. At present the market is ignoring licence renewal risk (sure, Tatts will almost certainly get the licence, but they will have to pay up for it).
Wait till the beneficiaries get anxious about licence renewal. . . .that;s when the real selling pressure will come!
