I think that is the point of short term investing, which is that different people have their views and set themselves up to profit from the upside or downside.
The bias has been on the downside and although I am long, it is at below the current price, as I am hoping that CAT can deliver in the long term.
It would not surprise to to see it back below 1.20 in the short-term, but who really knows.
Certainly the punters who took up the 2.00 capital raising do not.
all in my opinion and please do your own research.
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