Just had a look at the chart, looks like it will test $1.22 again. I think a break below $1.19-$1.20 would signal much lower - but the probability of this is low I think.
I noticed NAB bought a few million dollars worth last week. Since then the price has slipped - but then again the overall market has been down.
I haven't had a good look at the current fundamentals for a while - other than to say I have a hunch the gas sector will have another run soon, especially if those spot prices get a kick as it starts to freeze up in North America.
