ESP
my current thoughts are we could see a dip below Aus parity, further sending the local market stupid, before we see a whiplash with PBMD surprising strongly into earlier speculation of well above 30 cents Oz -- I just don't think creating these US markets is straight forward, or indeed conducted as a gentlmen's game, but is instead rather ruthless and unforgiving on the front end of the journey -- and as has been said here ad nauseum, MR is hitting the road for presentations (and giving away free lunches and I expect free beers) across the US Funds landscape, and those guys take our goods a lot more seriously than we do as a country, especially with their deeper pockets -- so I'm in the 'sit tight' camp, and wait for next week or shortly after for some real giddyup cowboy stuff with the PBMD SP
good luck
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12 | 172815 | 0.320 |
3 | 62378 | 0.315 |
3 | 52400 | 0.310 |
5 | 96814 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
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0.335 | 67949 | 2 |
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