Was that a fear of missing the top or some daytraders buying and selling again??
Interesting selldown of about 1.3M shares, perhaps just someone that bought in the 2's and 3's.
Whatever it was it was the pullback we had to have at a few points along the way. There will be other days like this, we can be sure, but personally the weak hands selling out now is a blessing as it allows some of us to pick up more if it comes back far enough.
I think I'll ring the office and see if Richard has anything to say about the latest moves in the SP, plus a couple of other things I forgot to ask him last week.
Pullbacks along the road upwards are a good sign, while the stock going straight up usually comes straight back down.
It could be a large player that bought at 6.7c in the placement a while back finally getting their cash back and a bit of interest. I basically don't care, please sell some more and bring the price back to decent accumulation territory.
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