'IF' it pops back 2 or 3 cents then it'll only be half way to where it was before the CR so can hardly be going sky high. Income has just about quadrupled in 2 years or so and the sp is virtually stagnant in the same period. Given these good figures caused such a retreat, tell us what figures you think are needed for it to even get to 50c let alone $1 and when?
The market clearly does not like it what has been published. CBA (and especially unnamed others) won't hesitate to sell out if the sp continues to wallow in the 30s. They have a responsibility to investors.
MBE Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
