I think that stop on BOW was the easiest 'annual income' I have...

I think that stop on BOW was the easiest 'annual income' I have ever earnt. I wasnt aware that they had put a stop on it at the time until I subscribed and read the back issues. Shows they are lucky in picking good stocks, but dont actually know when a good time is to pull out..which in my opinion means they actually have no fundamental understanding of the price drivers for the business.

Anyways, back to MEL. Great buying opportunity coming up.

Another way of looking at this simply is:

The current price is 70cents give our take.

SPP issue price is 45cps.

This represents a 55% instant profit. Would peole be happy with even a 30% profit. My guess is yes and that is my target price: 58.5cps.

Naturally, news could destroy this, but this is what I am working with for now as the upside on that is huge.

SF