Ok. So give that can somebody perhaps explain to me why the...

Ok. So give that can somebody perhaps explain to me why the shareprice has taken an absolute cricket bat to the face? Like this stock looks hands on to hit 5.00 at this point.

But then again perhaps a PE of 14.5 is still too high in current climate of housing weakness in Australia, housing starts declining in the US and curreny sharemarket sentiment.

I might be wrong on the PE as I haven't dived in properly, I'm just letting the usual iOS stock app tell me the PE at the moment.

But still this price is getting the lowest its been in 5 years or close to. If it hits 5.00 I think anybody who bought at that level would be well served to feel comfort in 2-3 years its definitely a fair wack higher than that figure.