will this hold up?, page-28

Like I said before - don't panic until you get through say the 60s

Again here are the reasons - Analysts have just followed the price down - they will do the same on the way up...

Peak EPS was 13 cps so at 23 cents it is trading at less than 2x peak. If you assume 5x peak implying a trough PER of whatever then a price upwards of 80 cents is achievable over next few weeks. The real upside will come from a capital raising. I think all the instos are hoovering stock so they can participate in a deeply discounted placement / rights issue. That's how all the pros have been making the big bucks lately........Any sniff of a cap raising and up she goes.