Only time will tell. Don’t see a A$0.03 without less positive news being released and the actions of the BOD suggest differently. I am wearing two hats. A long term one whereby I want to see positive news and an upward rerate to match. My trading hat, I am happy for the market to create continuing opportunities to jump in and out, plain and simple.
Everything else is just static to influence the nervous and impatient.. Without another announcement I do not think we can reach the previous highs but feel the SP has got some upward movement between now and January 19th and we are likely to see the A$0.060++ before then. As I have posted before I am happy to trade at whatever level as long as I see a potential upside.
May I wish all shareholders a Merry Christmas and a Happy, Healthy and Wealthy New Year.
Good Luck All
4DS Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held