Yeah dog, Australian domestic long only accounts can't buy this now. They are bound by the asset consultants, whom ultimately refer them all the superannuation money. So, these consultants are ultimately conservative in nature, and all about capital preservation. However, hedge funds, family offices, privately backed investment schemes. They don't care. And our register is full of them.
That's where the upside is. And that is why the market is moving now. Because when this is settled, there is a whole lot of new demand about to hit the screen. And clearly the consensus is this might be over quickly
IMO. Dyor
KDR Price at posting:
56.0¢ Sentiment: None Disclosure: Not Held
