Yer, fundamentally the stock is now undervalued..looks as though it is going through the bluescope steel routine; low P/E and increasing profits.
Management seem to be making the right decisions especially diversifying into different MIS products to help continue its growth.
I think the side effects from the grape glut are also exerting selling pressure at the moment although paperlinx profit upgrade should have a positive on flow to its share price due to pulp for paper.
Guess just got to hang in there and wait for the recovery and the storm to blow over.
GTP Price at posting:
0.0¢ Sentiment: None Disclosure: Held