I would suggest have a look at recent results to build your own view of where it will go.
I have posted my views at length, I await the annual result with interest but we already know that the Australian Business is still healthy and carrying the struggling U.S. business. I am expecting a small (underlying - perish the term) profit for the full year.
The market is presently undervaluing the Australian Business and ascribes no value at all to the U.S. business.
There's not a lot of doubt I'm my mind what will happen here - the only question is when - could take a year or two. I don't think at $2 you overpaid - that's what we will be looking at in a few years I expect.
I would suggest have a look at recent results to build your own...
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