will it crack the 57 next week, page-11

Matteomc, the share price seems to be directionless at the moment and while tracking down ever so slowly its with no real conviction, given that volume is relatively low. Given that all the fundamentals and macro factors are pointing to a higher share price i can only think that many investors are waiting for the AGM and confirmation of future earnings. Also the market seems to have refocused on resources and away from a number of other sectors especially the financials. It will be interesting to see what happens in the dow next week given the low volume this week and thanksgiving. If the dow rallies into christmas then i'm sure VBA will follow, especially if we see further upside on the AUD. The AUD is holding up well at the moment given all the data flowing out of the US. If the RBA hikes rates next tuesday then we can expect a rally in the AUD given the market is split about the chance of a rate increase. I'll certainly be logged on and listening to the AGM tomorrow. This is a great stock and will move higher in the next 6 months.