A bit of profit taking will be inevitable sooner or later but remember, it was about 15 positive announcements ago that we were certain that there was no reason for us to ever go below 50c/2.50 again...
The real mystery might not be why we have rocketed back up but why and how we got so smashed down and for so long.
Of course I'm biased in saying it but i still believe we are well under valued.
I forget the actual figures but (if i remember correctly) even that most reserved analyst has had us in the $3 range and with a few huge announcements looming on JB drill results, SDV update and 2018 pricing (and a huge next quater finances coming after) we will need another rerate and should by all rights sail well past that mark..
If all goes to plan then within 6 months is $4 being unrealistic?
Rumours & Speculation, page-452
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