Peaks will easily outnumber and outperform the troughs IMO, no doubt there will be some games played but a breather is a good thing just now but I doubt it will take long to kick up over the recent highs.
Long term hold indeed but not a long time to wait.
Building long term value is well and truly underway, short/medium term action will be the major focus for a while yet as the news spreads and the real prospects that are on the table are more broadly realised and understood.
Some of the bigger hits have come from off screen and I suspect that trend will continue for a good while yet as there appears to be a few heavy hitters trying to take decent positions without blowing their plans and cover just yet!
A genuine near term ASX100 blue chip being pieced together IMO!
$10 to $15 (or more) near term (6 to 12 months - or less) does not seem too fanciful at all now. Possible yield in under three years is also a possibility!
Cheers
Cabe
Peaks will easily outnumber and outperform the troughs IMO, no...
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