G'day gaweb,
Sounds about right to me. I would particularly like to see it bounce above 145 in the short term. However, I believe that because it has been stagnating around current levels for so long that there may not be much TA to watch for. I suspect that those that want in are in and those that want out are out. From here, I think that either we will get some good announcements and it will move up very quickly or if nothing is forthcoming (by end June?) then the price will drift down yet further. I guess we would then be looking for that old 80/90 level (gulp!).
As you would no doubt be aware, my belief is the former and I have seen nothing yet to shake my faith. :)
Interesting that they should calmly mention "Oh, and by the way - we have our warehousing and shipping arrangements in the US in place". I repeat what I have said in the past - they seem very relaxed.
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