I'd guess that a short term pull back of $3-4 would fit with...

I'd guess that a short term pull back of $3-4 would fit with typical NCM behaviour, but implications of the merger make it possible that we are seeing a step change in the chart because of institutional/fund buying.

If that's correct I guess the question is how big will the step be and when will it end? Good luck, I'm a long term holder - don't have to worry about ths sort of volatility.

For what it's worth Craigs Investment Partners have a 12 month target of A$46.50.