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From: | "Philip Robinson" <robph639@student.otago.ac.nz> |
Date: | Wed, 12 Jul 2000 20:12:41 +1200 |
Do you believe that WHS will retreat more
than $1 and stay there? IMHO I would have to say that I see this as unlikely, I
can definitely see it retreating to 550-575 level, and wandering for a while,
but once people have seen it as high as 599, they will be reluctant to leave it
down at the 490 level you suggest since it has definitely started it growth in
Australia, they seem to be organised with future growth sort before the NZ
growth has slowed. But then there could be some rough stuff in Australia
maybe.
This is all IMO and would be interested in comments
about their future
Cheers
Phil
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