I can't see SP getting much lower.
I have a feeling the current SP has potential future downgrades factored into them.
With 'expected results' of EBIT $11m the SP should be quite a bit higher than it is now, so I fully expect downgrades and I don't think future downgrades will lead to strong selling pressures.
I fully expect gas prices to rebound in the next six months to year. I mean gas prices are idiotically, unstustainably low right now, even the big boys would need to have gas prices to increase soon.
A lot of IMO's
AUG Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held