re: paul100 re grant Grant Thanks for the comparison of the 2...

re: paul100 re grant Grant
Thanks for the comparison of the 2 reports.

I also agree that it is currently fully priced for the time being and as you said it will probably rise in spurts. The most recent rises have co-incided with the investor presentation in Sydney, AGM and release of broker reports which clearly suggests that the rises are being caued by serious investors buying in as distinct from traders.

This seems to be causing a shortage of sellers and forcing buyers to force the price up on quite small volumes at times.

I suspect the next serious move will be in March. The ADR's get listed around this time and the company has done a investors presentation after each half year results in the past so I would expect the same next year