why do i think 47 - 50c? stock was at 23c when the extension was...

why do i think 47 - 50c? stock was at 23c when the extension was an uncertainty. Ran up once the extension was seen as more probable. The extension is to the end of MAY at which time it will be extended should all criteria be met - I believe they will be, but the mkt may wait and see. The US retail environment is crap, which means the only assets which they will realize full value for are the aussie assets. This has still got a long way to play out, and i do not see the extension as the turnaround point from this level in the stock price.
I bought in the low 30's and sold out at 50c. I now want to see what happens with reducing debt.