Hi pkedwards, value is pretty much priced in at the moment. The...

Hi pkedwards, value is pretty much priced in at the moment. The recently strength in capital raising, relatively steady share price (backed by low volumes) during the recent period of market instability, and tightly held registry suggests to me we're going to sit between 17-22c in the short term. I'm not expecting to many surprises in the upcoming full year results, so that's not going to spike the range much higher or lower.

In my opinion this is a 2015 stock. Once the capital expansion program has completed and they are operating at scale I can't see any reason why this wouldn't be a 35-45c business.