I agree it has a lot baked in - but the question is how much,...

I agree it has a lot baked in - but the question is how much, and I'd suspect the answer is not enough! Exposure to the ASX200 will bring on more dedicated due diligence and more accurate future pricing IMO, and then we will see a re-rate, but as to what price? Who knows.

I do expect to see a pullback soon, but who knows when. It'll be hard for a lot of people to not take profits - it's inevitable when you have a share run up as hard as this one has. That said, my observation since holding has been that every pullback has been followed by an even bigger upswing. I don't think I've ever seen a share that has so consistently had buyers outnumbering sellers by ~3:1. As the MC increases though, people who were holding on to relatively small amounts will soon be holding small fortunes, and the pressure to cash out will rise.