I think the $1 barrier is weak. Volume and depth around this area could be broken at any moment on a strong asx day. Then it is blue sky territory. With a p/e of around 7, it is simply a matter of time, even today? before we move northward in my view.
The late but small sell into the close on Friday was just your typical few Friday arvo sellers not wanting to hold over a weekend. Small volume there.
Ann: PS&C Ltd FY15 Investor Presentation, page-45
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