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Ricco,Should make it $1.20 based on technicals IMO in short...

  1. 2ic
    5,941 Posts.
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    06/05/08
    15:03
    Post #: 3673799
    Ricco,

    Should make it $1.20 based on technicals IMO in short time. Needs resolution to continued Eastern Creek losses and sale of UK waste division to clean-up balance sheet and realise value. This should see $2 as fair value based on strong balance sheet and Minproc business even in bear market.

    Could happen in a rush if deals are done.

    goodluck
    GRD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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