Hi Folks,
All this talk of 80 cents being repeated - maybe, this is the sharemarket afterall.
However, worth remembering also that by my estimate, due to the CR, 95 cents now would be equivalent to 80 cents had the CR not happened.
Also worth considering what has been achieved since 80 cents was last visited.
Finally the supposedly smart money including directors who bought at $1.25 I doubt many of these will have changed their minds, some probably looking to get more as cheap as they can.
Anything is possible pricewise, but I am not convinced that 80 cents has any current relevancy.
EL
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- good support at 80 cents
good support at 80 cents, page-2
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