Profit takers have again ensured that it will be some time before we see true value.
My .20c target earlier week came off and a re-test of .25 would (perhaps in afternoon trade) would make me confident that this level could be sustained.
I don't know about the .50c target mentioned on an earlier post but can see this getting back to 12mnth highs soon - 38c.
Once this consolidates - we will need more news to reach .50c level.
I for one would like to hear what the company have been doing in WA. However, I suspect not much given the focus on India.
Nevertheless, good result and hopefully we are back on track to get back to decent SP in the near future.
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