Itn my opinion it's worth over 45/sh because it's only trading at about 13-14 times earnings, has double digit earning's growth and has a dividend yield over 5%.
It's a good time to be a LO investor.
How soon does it trade above 45? I don't really care because they're buying back their own shares so I'd rather it traded at 40 which would enable them to buy more shares.
July 8th was the day and today 7-16, it's above 46.