BOQ 0.96% $6.17 bank of queensland limited.

Ladies and gentlemen,It seems that if you look into the archives...

  1. 111 Posts.
    Ladies and gentlemen,

    It seems that if you look into the archives of BOQ, ie., the charts, they do go into their shell and trade sideways for some 4 to 6 weeks, and the current flatness seems to show an extremely familiar pattern in the past.

    After this 4-6 week period, it does tend to move one way or the other. Whether it goes up or down at the end of this period, is anyone's guess, but I'm hoping and punting on an up. $11-$12 wouldn't be out of the question by Christmas, I suggest. You certainly won't get that kind of return on the 4 biggies of the industry.

    For the record, current price is around $9.60 as of 3rd June 2004.

    Cheers,

    Dave
 
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