why going down, page-2

At its recent highs,the share price was fundamentally and technically overstretched.

The subsequent correction has probably now run its full course and at around $4.70(ish) the stock is now once again good value with high earnings growth coming backed by an '08 dividend yield forecast of 5% (24c divvy fully franked).

In summary, it was overbought...and now its really close to being oversold..... and I am buying!