Ann: Change of Director's Interest Notice - David Ahmet, page-9

Not surprising... looking promising at every scale:
10 year for Long termers:



5year trends with strong consolidation around $2.50:




6 Month chart & the consolidation becomes even clearer:




3 months: dead on target for a breakout if there's a good trigger soon, perhaps an announcement in the next week or two?:



And 1 month...




That last candlestick looks comically 50:50, just waiting for a reason to break up or down. LOL

Happy enough to continue cycling sideways if there's no news...?

One foot ready to step down to a lower shade of confidence...?

Or plenty of room and reason to make a leap up for $3 on the back of a strong positive announcement..?

Either way, $5 seems back in reach if the long term trend continues.

A stray thought; I wonder how many new investors would leap aboard, nationally, if shareholders were entitled to discounts as well as fully franked diividends..?

I know shareholder discount schemes can become a bit gangly to manage when you're a huge bluechip with kazillions of pesky customers all trying to fake investor status, but over the decades, a simple SDS has also been quite effective for several notable midcaps while they were attempting to establish themselves as market leaders. eg not mentioning any names, but you know who when it comes to several hotel and cinema chains, and that certain supermarket with a keen competitor... It worked for them - even in free publicity and word of mouth when the discounts had to cease.

Worth suggesting at the next shareholder meeting perhaps?