when 80c = $1.20, page-41

In the short term the market is a voting machine (i.e. trends) as you say, and given there is no apparent trend occuring then it is just as likely to go down as up.

In the long-term the market is a weighing machine (i.e. fundamental shine through).

Sounds to me like your just taking a punt matey, if you have no idea what is actually worth then your just gambling. Thats ok I guess, plenty of people have followed the crowd, making money out of the game of musical chairs. Just hope you aren't the last one holding when the music stops.

Btw, I don't think 85 cents is the TOP valuation. I think it is roughly a fair valuation. You could perhaps argue for $1, I'm not suggesting that is out of the realm of possibility. It may also go to $1.20, maybe to $1.60, I am simply saying IMO I don't think the fundamentals support such a price, and I wouldn't think the share price would remain at these levels without support from fundamentals. Who really knows though....