I've been watching this small Australian phone company for some time. Had been as low as 6c only 3 months ago.
On the back of company announcement concerning sales growth, price has lifted from 16.5c to 21c at close of market.
My research leads me to believe that the share price might be getting a little ahead of itself. Maybe, thanks to the likes of Alan Kohlers report listed on the ASX suggesting 2006 would be the year of the internet stock people are investing.
What do others think? Share price fully priced or still has a way to go?