undervalued, page-2

At the last AGM it was said that brokers expected the ex div shares to list around 15c in fact there were sales at 17c.I would say that's a better reflection of underlying value.To me 10c is well undervalued considering good management,coal deposits and port infrastructure.Don't be surprised if the selling will go on a bit longer as there are a quite a few investors who are in for the quick profit and the franking credits.But on the longer term I wouldn't be surprised if it hit the 20c mark.