godfrey hirst granted stay in there legal attempt to stop wool merger - nbr
damn aussies trying there hardest to stop this merger for there own greedy benefit
for once i agree with the comcom using common sense and seeing what should be in new zealands best interests not some greedy foreingners
If momentum is to continue it will hit 70c by COB tomorrow. I believe the breakout will fail if it hasn't hit this point by Xmas.
the breakout was at 50c and is in its 3rd week above this price so I would say the breakout is holding.
Its up to the new ceo and board members to now prove to the market they are truly turning the corner, the trading update was a good start but they still have lots of work to go.
Obviously opportunities like this for true turnarounds offer considerable upside in price if they work.
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