Euroz put out an updated Target/valuation on SEA last week of 80c, they where very positive about SEA going forward with its accellerated program imo.
Also mentioned here by topgear; http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1309066&msgid=7369722
I can't access the Euroz valuation to verify myself.
But, what are peoples thoughts as to where this will go in the shorterm, and what the bottom will be?
I am thinking may drift to .52-3ish temporarily owing to dilution and negative sentiment attached to CR's. Also thinking the insto's are sure to sell off and making a tidy profit. This is provided there are no major announcements IMO. Fridays announce didn't seem to alter the current trend.
Cheers and good luck to all.
SEA Price at posting:
56.0¢ Sentiment: ST Buy Disclosure: Held