EGL –
I’m a bit more optimistic than 20c as a ST target. It’s last 2 respective highs (before the LT high of 17 reached 2 days ago, & again today) were
18c in Jan 2010, and
21c in Aug 2009
I might be wrong but I’d reckon the buyers at those prices way back then, possibly still waiting to get their capital back, are now longggg gone?
