Oh I get what nelsy meant by $4.62 (26/07/16) - First I think nelsy was meant to say Tuesday and not Thursday.
Second - If I may speak for nelsy and assume, I think the person meant that the bottom has already occurred and it was at $4.62.
I calculated that the low already occurred on Tuesday but at $4.73 because I was using end of day price.
Nelsy most likely utilised the repeating factor in higher low dips in the last three occasions and the average 6% difference in each higher low to conclude we already hit the lower high.
To which I agree
Get in their boys and girls because you are already late!!!
Ann: FY16 Unaudited Financial Results-NST.AX, page-16
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