IMO the price could get as low as $11 in 6 months before heading up to $15 in one to two years. I suspect that the recent price increase is due to low volume but we will see over the next 5 days.
The valuation due Jan/Feb may be down by as much as 20%. With the AUD/USD exchange rate up 20c from the last valuation and the reduction of dividend payout of 30% I would expect the valuation to reduce from $11ps to $9ps and the share price could be as low as $10.26. $11 would seem a reasonable bottom to expect.
I think that the chart supports this fundamental analysis.
Andrew.
I am no expert so DYOR.
IMO the price could get as low as $11 in 6 months before heading...
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