In regards to the SP, are we following the US or are they following us ????
Friday trade in the US had a high of 2.05 and ended up settling at 1.65. It traded above 1.65 for most of the session however.
With exchange rate taken into account, we have some catching up to do today if we are going to stick with the price they are paying. To stay in-line with them would have us around the 1.80 price today here in AUS.
I feel the US buying action is not for quick profit so they will continue to buy up. They paid up to $2 on friday and they will do it again this week.
Hold on to your shares I say.
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In regards to the SP, are we following the US or are they...
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