I'm not a long term holder, although did originally buy in at around 58c, I then doubled my holding around 65c and was quite surprised to see the rapid jump to 90c, so I sold half as all indicators were pointing to overbought territory and have since added more to my holding at around 75c. As you will see due to liquidy (mostly), the SP jumps around a fair bit, at current price it sits on a P/E of around 25, which might still seem rich to some but for me it feels fairly priced, maybe slightly undervalued at the current price, given the growth opportunities. There are more long term holders here that might be able to give a better perspective. As to what the SP will do next, well that's anyones guess, however it seems to have found a base around the the 74-76 mark!
LBL Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
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