This seems to be just simmering at the moment. After a re-rate to a degree, it has taken a breather and this is now on the verge of breaking right out imo. There is little selling pressure and i think this could even hit 18c today with 20c on the cards after the presentation. These are all little milestones and very well and good but as Aug 1 approaches I think these levels will be looked at as bargain basement prices.
In the right field at the right time and if it gets 1% of the market in Europe then its worth 5 times these levels but i don't see any reason why it can't get a much bigger t=chunk than that.
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This seems to be just simmering at the moment. After a re-rate...
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