Brett, the simple manifestation of why and when ASX puts out speeding tickets bears out that - the ASX sometimes does know what is going on, and thus seemingly doesn't have to ask the companies concerned for the reasons behind SP movements.
So with WM and the ASX knowing, it just the holders that are left to decide where to put their foot in. I'm going with WM LT so IMHO these dailies are just a period to get through and an opportunity to accumulate. Some will blow out the significance of the dailies - and yes ST and MT they may have a case. However MT issues and risks are slowly dissipating, so soon it will only be the traders that will be squeezing their goolies on up/down spikes. Empirically upon production [see Hoots lifecycle chart], any derivatives will then be less volatile and so wild SP movements on derivative agitations likewise lessen [that is: without impulse from Global or substantial company announcements].
CDU Price at posting:
$1.79 Sentiment: Sell Disclosure: Held
