Great call Pardner. Fundamentals and timing. Well done. We had...

Great call Pardner. Fundamentals and timing. Well done. We had this pegged at around $1.20 in October 2013. I agree despite Nov and Dec 2014 - the business was never lost. But back then confidence in management faltered - exacerbated by director sells and other issues including failure to make the hinted big acquisition having raised the capital to do so. Despite all this I held - so guess there's some proof I also ultimately believed.

ValueSnatch is right - some greater than normal churn may still play out for a while.


All in all 70 cents (DSD) seems a reasonable interim target for now. But the bigger licks might appear on the back of a great acquisition, and higher PE attribution - which in my book correlates to longer term confidence. IMHO.