Trying to formulate some sort of exit strategy, having watched yesterday's action am of the opinion that a trading halt is probable now rather than just an announcement. Reasonable to expect a run as she comes out of the halt assuming good news.
At the moment inclined to sell into that day if it eventuates, in the meantime might add a few if any retrace from these levels but not really expecting many opportunities, tightly held at the moment.
These are my views this morning but might change by lunch if she continues to run, bird in the hand and all that.
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Simon Kidston, Non--Executive Director
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