well, put it this way, big buying by the directors at 27 and 28...

well, put it this way, big buying by the directors at 27 and 28 dollars, and thats a sign of confidence in earning!!!!

There was certainly overbuying on the back of director parcels and BHP/RIO surging!!!

I think right now, at a p/e of 15, it is good value, not great!! But, this company is quality knowledge and management, and also low debt and buying rivals at the cheap.

No new shares issued, bonus!!!

Also, a reason for the downgrade, the high AU dollar, only a short term change, long term AU 70-80, and then WOR upgrades on currency gains.

YOU guys need to think, you are better off buying these stocks after profit downgrades, due to currency and power issues in the US!!! And if you read the fine print, they are moving into renewables, and away from the uncertainly of fossil fues in the US. Another bonus, punished for it now, rewarded later.

$24 and under, buy buy i say, DYOR

what are everyone elses thoughts here.