Te issue is Slampoil that SEH is meeting its targets ,if not exceeding them ,and delivering in terms of the boxes that brokers tick off once they cover a stock.
As such this stock will keep moving up with 30c by christmas a given. On the latest report I value them at around 40/45c ,I believe that is around the figure those that have been offered presentations have earmarked
I must admit that I'm not an ultimate believer because of the capitalisation structure and the fact that something will go wrong at some point . It usually does.
Nonetheless I have a substantial holding here ,I think they've played the game very prudently to date and unless something really unforeseen happens there's a lot more in it.
Besides that the chart is literally screaming buy me . I think anyone potting these at this point is on the wrong tram
SEH Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held