HALLELUJAH.
Closed at $1.20.
Cause for a Hallelujah!!!!!!!
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HALLELUJAH.
Closed at $1.20.
Cause for a Hallelujah!!!!!!!
My prediction .. For what it is worth..
Another consolidation stretch.. .. Followed by another " Burst ".
It's a bit early to call a peak, based on the past year anyway, which has a well defined technical pattern. Have a look at the movements 1. Trough to Peak, and 2. Peak to Peak. This run-up has only just broken out from the recent $1.18 high of Dec 12. If the broad pattern holds, it could go a lot further before 'consolidation' sets in. That and the ramparama fest of course, you will have noted the minimum price target of $1.66 .. I think.
What a few days and a record close of 120. Wow
Good news Snoopy appears to have given Heartland a clean bill of health. Enough good capital cover to sink a ship
We have had valuations ranging from $1.66 and $1.88 and $2,00 and guru intrinsic value numbers of $3.66 and $2.56. Spooky as it was the $2.56 number gives a dividend yield the same as their 1 year term deposit rate.
An upgrade imminent and H1 results in a few weeks will just make those valuations look real - at least the $1.66 one in the short term.
Just remember what MAC and Sparky kept reminding us - the market will eventually recognise true value
With all due respect to Baa Baa plenty more to come over the next few weeks. That will be the consolidation period but I reckin well on the way to 2 bucks by Christmas
The 5-year monthly price chart, provides additional perspective. Enjoy.
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