Monday would be a good hike up to around 26c with a close of about 23c IMO. Similar to what we saw back last month.
A belief of U.S market recovery, a better than expected unemployment rate and realising that August 09 is not far away for the great profit announcement of HFA in line with May 09 forcast.
If the Australian $$ reach a bit higher by end of June, we should see HFA strong balance sheet as a result of foreign exchange.
I expect HFA to be around 40c by August 09. DYOR!
Long term investor, holding.
HFA Price at posting:
78.0¢ Sentiment: LT Buy Disclosure: Held
