The directors asked for a 20% increase in their fees. Probably they have some positive things to announce at AGM to convince shareholders they deserve the increase.
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The directors asked for a 20% increase in their fees. Probably they have some positive things to announce at AGM to convince shareholders they deserve the increase.
Had a retest of 380 on Friday close, but has bounced back quite strongly, so hopefully it continues on to do what I'm expecting. If it can get through the next couple of resistance points then I will be doubling down for the ride up to $4.40.
Disc: holding for a trade.
needs to close above 3.95, anyway those retail figures are looking good at the moment im predicting a big xmas spendup
i dont know what craigs say but consensus of analysts forecast suggest near flat profits ahead but rising revenues which say they getting market share which still fits in with my view of bigger profits and divs once cap exp finished:)
in the last 5 years it has gone to 4.40 twice but has had a very, very short shelf life. I am holding regardless but if you are trading it could be a nail biter.
$4.40 is my target exit, and I will be watching very closely for a fail at that point, but will be happy to keep holding if it can break through. So far things are playing out perfectly, it has broken out of the downtrend, the $3.80 resistance and now the $3.95 resistance. I'm picking $4.40 will be hit late next week or early the week after, right before it goes ex-dividend... Here's hoping anyway!