Hmm I remember a few on here say last year when Xro fell to $12 from $15 that it would never reach $15 again,Xro could easily reach $60 in the future if things go to plan,Intuit is sitting on around $100 NZ so why not?
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You could do what i did with snakk, and sell , make your 40% loss , claim it off your tax............ If you made 40% and sold , you would be paying tax on it!........... Then you have the choice to buy them back at a later date. I normally sell loses before 31st. march to be able to claim it off my tax before the end of the financial year.
http://www.nbr.co.nz/article/analyst...mid-teens-ck-p
Is this the article Brodie? There is an additional comment by the Woodward analyst in the comments section as well.