AUO austral coal limited

re: david Hi David,The big question in my mind is what is going...

  1. 439 Posts.
    re: david Hi David,

    The big question in my mind is what is going to drive the next depression in the SP. Engineering-wise i feel that there really will not be two many significant bumps in the road for a fair while. Based of earnings and coke market potential there is not much downside and then there is the potential for take overs next month.

    I realise that looking at the graph it seems like we will be in for a correction very soon, but at this point in time i can't really see anything to justify it.

    Just my opinion anyway. Any thoughts?

    Mike

    (i hold)
 
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