The shorts are ignoriing this part of the announcement:
-Australian employers added the most jobs in almost 13 years in February and the economy expanded 3.6 percent in 2012
- Recent Australian Bureau of Statistics data shows that forecasts of rising unemployment have failed to materialize.
- Home prices across Australia’s eight state and territory capitals rose 0.3 percent in February from a month earlier.
With a bookvalue of $33.61-IMHO, no way company will fail-Has huge potential to reach $20 a share or be bought out. If they don't make it, IMO it won't matter where you are in the market, your in trouble. GLTA longs.