breakout alert.., page-17

Hello Q.E.D., I would have thought, given the strong momentum CM8 exhibits, that the next quarterly update would prove a powerful catalyst for a SP rerate higher. But this won't come until late October, if it does at all.

Before then of course we'll get the audited full year result for 2016-17 near the end of August, which will fully outline the excellent position the company is in now and what's happened since June 30. This too likely will be supportive of the SP.

Then, given the nature of the beast, spot announcements at any time can't be ruled out, containing what is anyone's guess.

I'm expecting a good second calendar half after the company turned the corner in the first half. That's why I'm pleased to be back in for a typically modest parcel at 19.5c today, which is less than I paid a year ago but in a company whose outlook is way better.