The odds are very good for a breakout now above 50c after the last week of trading turnover much higher than normal.
They are heading for revenue of about $110m for the HY and about $230m for the FY. The company continues to take cost out of the system while generating very good growth so the bottom line is going to catch up with top line growth in a big way this FY.
From a trading viewpoint the base of the last 2 years provides a platform for a long strong upward chart, I'm looking for 70c over the next 6 months particularly if they up the dividend.
The odds are very good for a breakout now above 50c after the...
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