Everything has been very positive about this stock since the last takeovers failed. I wont be selling short term unless we reach the 1.3 level and long term it's gonna have to go higher than that especially if sales meet forecasts I wont be letting go for under 1.5 in that case. If sales exceed forecasts slightly I won't be letting go for less 1.6. Long term if conditions improve and this thing performs I may not let go till a lot higher I'm in this for the long term unless I get a short term positive surprise. If they get an offer out before February I'll agree to anything over 1.25 anything less I wont be on board, I'd rather take the punt and see watch the interim earnings whatever that brings, my feeling is it will meet forecasts.
BBG Price at posting:
78.1¢ Sentiment: None Disclosure: Held
