I'm with you ProI'm calling 16c the new support as soon as it is...

I'm with you Pro

I'm calling 16c the new support as soon as it is broken. (I have no doubt that it will be).

next price target somewhere 20-24c

Fundamentally we have a revised NTA of 20c

I have emailed Valad today to get the current NAV as I seem to have missed it, if it was released.

We also have a heap of European assets sitting in a joint venture, just waiting for a turn around in property valuations which aren't currently contributing to NTA.

Given the fact that stocks trade around 6-12 months ahead of the real market it is possible for the share price to trade higher than current asset values as the market tries to price in future valuations and earnings.

I agree that Dividends are on the horizon and will be the catalyst for even further advances in the share price.