re: looking good ..its blue sky..no resistance
i was just looking on the commsec site and i see where they have a forecast EPS of 128 in 2007 and 153 in 2008. I don't know is this was redone after last weeks results or if it is old? Can anyone help on this?
In addition I understand that Commsec have a very conservative forecast number on oil prices - maybe sub USD50 per barrel. We know from AED's announcement last week that they have already forward sold some at +70USD per bl.
No wonder people are starting to hoover this one up.
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held