I would be comfortable holding at 1.50...maybe that's hopeful, but given this market anything is possible.
It reached $2 yesterday. Wall Street down another 1.6% and looking skittish. Outlook bleak and not good when write downs declared this market, not good...maybe the company is not a performer 5% growth forecast is pretty bad too.
I concede 1.50 may well be out of the money but look what happen to BHP 2 yrs ago went from 50 to 20.96 and back again.
I dont see TSE rushing back to 3.50 though
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