G'day, holding GXL for a while now and I have seen sp move up on...

G'day, holding GXL for a while now and I have seen sp move up on no news and have always looked at quarterly accounts after for reasons and usually see an up tick in income. This time I assume it is due to some discretionary dollars being spent instore due to drop in fuel price etc giving some consumers a bit more confidence to spend (IMO). As to the sp value - well it tested support at around 7.80 and recovered to around 8.00 plus and not on once but a couple of times (even though it can get shorted heavily at times) so yep it might be a bit expensive on a p/e level but I have been comfortable with my 8 buck buy in. The are majority owned by private equity partners and some times that makes me squirm a bit but this mob seem ok so far - but all please dyor as usual - good thread all - keep em coming, Cheers WTF.