Khal - bottom line is we don't know. Too many fun and games going on to be honest. I am comfortable with a SP of between $18 and $20 but doubt we will see that this financial year.
In the medium term it is crucial the company gets the Americas dosage up into double digit growth again. At approx $20k a dose it is more than double APAC and 40% more than Europe. If they can achieve that then $30 is a no brainer but we will not see that until next year IMO.
It is interesting that in the month of June total shorts increased so the play was for the share price to go down. As the dust settles for this financial year I am sure a lot of the activity today and yesterday has been people getting out of their short positions.
As a long term holder I am breathing a lot easier now but to be honest I still dream of the $40 share price and keep on asking myself why did I not in the hell sell then!!!
Such is life.
Shorts getting smoked, page-20
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