Ann: Cardno FY15 Guidance and Market Update, page-8

I would certainly keep buying if it goes below $2, but unlikely that will happen - SP just closed at $2.50 and lots of unfilled buy orders remained below the line. I presume that shorters closed their books today buying cheap, so with lots of demand and no shorts (just for a while) I reckon that SP will certainly go strongly upwards in the short term.

I reckon there will be no buying opportunity this good for quite some time. There is a possibility for another large drop in mid-august when annual results gets released, but that is unlikely. Final dividend will be then announced as well and I expect it to be around 15c, which would give really good dividend yield.