Apologies Farlap and others, I'm not a believer of charting - explanation power is 50% at best and can never take into consideration new news. Here's a hypothetical. What if the company comes out tomorrow and provides a strong guidance for 09/10 and further indicates it will pay a dividend.
May I suggest let's take some chill pills and let the next few weeks play out. Then if the picture is not pretty it becomes decision time.
As I've said before, provided there are no surprises, this company is trading on a forward PE of <2. The market will re-rate the stock (unless we've been hoodwinked) and don't be surprised if the stock will soon be included in the ASX300. Personally, I expect a dividend from the company and would be very disappointed if they failed to deliver.
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- can someone please post a chart
ETC
entertainment media & telecoms corporation limited
can someone please post a chart, page-7
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