As mentioned in my previous post, i wouldn't be looking at this...

As mentioned in my previous post, i wouldn't be looking at this company until the shares trade below 70 cents and to be honest this would just be a starting point and not even a bargain in my books.Seems like Roger Montgomery agrees with my valuation.

Check out the link below, exactly my thoughts a c5 lol.

http://www.switzer.com.au/business-news/news-stories/montgomerys-view-on-ten/

My view remains; the stock is well over priced and in due course the share price will need correction or the intrinsic value of the business needs to improve rapidly in the next few years to justify any price paid today.Maybe good for the punter/day trader in the short term as now we have the daily double on board; if it's not one fool its two, so take advantage of the ignorance and don't get to greedy in the short term.

cheers and good luck all.